India Grid Trust acquires 74% stake in Parbati Koldam Transmission

IndiGrid Infrastructure Trust | Finance - Investment | BFSI | BSE: 540565 | NSE: INDIGRID

09 Jan 2021 Evaluate

India Grid Trust has completed acquisition of 74% paid-up capital of Parbati Koldam Transmission Company from Reliance Infrastructure. The acquisition of aforesaid power transmission asset is in line with IndiGrid’s investment strategy as provided in the Trust Deed focused on stable distribution to unitholders by owning power infrastructure assets with long term tariff contracts.

India Grid Trust (IndiGrid) is India’s first listed power sector infrastructure investment trust (InvIT), sponsored by KKR and SPGVL.

Peers

Company Name	CMP
Bajaj Finserv	1743.10
TVS Holdings	12355.25
Cholamandalam Fin.	1378.30
Altius Telecom Infra	175.00
Kama Holdings	2284.50
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.