POWERGRID Infrastructure Investment Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
POWERGRID Infrastructure Investment Trust (PGInvIT) has announced the appointment of Dr. Anupam Arora as an Additional Non-Official Independent Director on the board of POWERGRID Unchahar Transmission Limited, which acts as the Investment Manager to PGInvIT. Dr. Arora was nominated by the Ministry of Power via an order dated May 16, 2025, and formally appointed effective May 19, 2025, for a period of three years or until further orders, whichever is earlier. He holds an M.Sc., M.Phil., and Ph.D. in Physics/Nuclear Physics with 35 years of experience in teaching and research, and currently serves as Principal of S.D. Post Graduate College, Panipat, Haryana. The filing confirms he is not related to any existing directors or key managerial personnel and is not debarred by SEBI from holding a directorship.
This is a routine governance update and is unlikely to materially affect the unit price. The addition of a government-nominated independent director strengthens board oversight at the Investment Manager level but has no direct financial implications for unit holders.