POWERGRID Infrastructure Investment Trust has informed the Exchange regarding Record date for purpose of distribution for the 3 FY 2024-25 is 29/05/2025
Awaiting price reaction for this filing.
The Board of POWERGRID Unchahar Transmission Limited, acting as Investment Manager to PGInvIT, approved audited financial results for FY ending March 31, 2025, along with a distribution of Rs. 3.00 per unit for Q4 FY25. This comprises Rs. 1.67 as interest, Rs. 0.57 as dividend (taxable + exempt), Rs. 0.75 as SPV debt repayment, and Rs. 0.01 as treasury income. The record date for unitholders is May 29, 2025, with payment scheduled on or before June 5, 2025. NAV as on March 31, 2025 stood at Rs. 94.12 per unit. Total comprehensive income for FY25 surged to Rs. 18,874.72 million from Rs. 10,229.89 million in FY24, supported by a Rs. 10,665.89 million reversal of impairment in subsidiary investments.
Unitholders on record as of May 29, 2025 will receive Rs. 3.00 per unit, translating to an annualized distribution yield of roughly 12-13% based on NAV, making this an attractive income outcome. The strong FY25 results and reversal of impairments signal improved asset valuations, which is positive for unitholder value.