POWERGRID Infrastructure Investment Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
The Ministry of Power has appointed Dr. Anupam Arora as a Non-official Director (Independent Director) on the board of POWERGRID Unchahar Transmission Limited (PUTL), which acts as the Investment Manager to PGInvIT. The appointment is for a period of three years from the date of notification or until further orders, whichever is earlier. The order was issued on May 16, 2025. The Investment Manager is completing the necessary statutory formalities related to this appointment.
This is a routine regulatory-driven appointment of an Independent Director to the Investment Manager's board. It strengthens board governance but is unlikely to have a material impact on unit price or unitholder value in the short term.