IndiGrid Trust has informed that the Allotment Committee of the Board of Directors (Board) of IndiGrid Investment Managers acting in the capacity of Investment Manager to India Grid Trust (IndiGrid) on April 22, 2021, considered and approved in accordance with the Letter of Offer dated March 23, 2021, Addendum dated April 2, 2021 and the Basis of Allotment finalised in consultation with the Lead Manager, the Registrar to the Rights issue and BSE, the designated stock exchange for the Rights issue, allotment of 116,695,404 Rights Units to the eligible unitholders of IndiGrid for cash at a price of Rs 110.00 per unit aggregating to approximately Rs 12,836.49 million.
The above information is a part of company’s filings submitted to BSE.
