POWERGRID Infrastructure Investment Trust has informed the Exchange regarding Outcome of Annual General Meeting held on 24/07/2025
Awaiting price reaction for this filing.
POWERGRID Infrastructure Investment Trust (PGInvIT) held its Fourth Annual Meeting of Unitholders on July 24, 2025, via video conferencing from 11:00 AM to 12:03 PM. 24 Unitholders representing 13,80,02,638 units participated in the meeting. Three ordinary business resolutions were put to vote: (1) adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025; (2) adoption of the valuation report issued by M/s. INMACS Valuers Private Limited for the SPVs as at March 31, 2025; and (3) appointment of Statutory Auditors for FY 2025-26 to FY 2029-30 along with their remuneration. All three resolutions required a simple majority. The Chairman, CEO, CFO, Company Secretary, and four Directors of the Investment Manager (POWERGRID Unchahar Transmission Limited) attended the meeting.
This is a routine procedural filing. The actual voting results will be declared by July 26, 2025 and filed with the stock exchanges. Since the resolutions cover standard agenda items (financials, valuation, auditor appointment), no immediate material impact on unit price is expected. Unitholders should watch for the scrutinizer's report with final voting outcomes.