BSEPOWERGRID Infrastructure Investment TrustLowNeutral
Announced Thu, 24 Jul · 18:12 IST

POWERGRID Infrastructure Investment Trust has informed the Exchange regarding Outcome of Annual General Meeting held on 24/07/2025

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

POWERGRID Infrastructure Investment Trust (PGInvIT) held its Fourth Annual Meeting of Unitholders on July 24, 2025, conducted via video conferencing. Three resolutions were put to vote through remote e-voting (July 21–23, 2025) and electronic voting during the meeting. All three resolutions were approved with near-unanimous support: (1) Adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025, passed with 99.9972% votes in favour; (2) Adoption of the valuation report by M/s INMACS Valuers Private Limited for the SPVs as at March 31, 2025, passed with 99.9964% in favour; and (3) Appointment of statutory auditors for FY 2025-26 to FY 2029-30 along with their remuneration, passed with 99.9974% in favour. As on the cut-off date of July 17, 2025, PGInvIT had 1,96,295 unitholders. The scrutinizer, Smt. Savita Jyoti, has certified the results.

Likely market impact

This is a routine regulatory disclosure confirming that all key annual business items — financial statements, valuation report, and auditor appointment — were approved by unitholders. No material change to operations or distributions is implied, and the overwhelming margins suggest stable governance with no unitholder dissent on substantive matters.