India Grid Trust (IndiGrid) has signed share purchase agreement on January 21, 2023 for acquisition of 100% shareholding and economic interest, in one or more tranches, in Khargone Transmission from Sterlite Power Transmission (one of the Sponsor of IndiGrid). The completion of acquisition would depend upon receipt of Unitholders’ consent, regulatory and other relevant approvals as well as completion of contractual obligations.
The acquisition of aforesaid power transmission asset is in line with the IndiGrid investment strategy as provided in the Trust Deed with a focus to ensure stable distribution to Unitholders by owning assets with long term contracts.
India Grid Trust is an Indian power sector infrastructure investment trust.
| Company Name | CMP |
|---|---|
| Bajaj Finserv | 1788.65 |
| TVS Holdings | 14112.80 |
| RattanIndia Ent | 32.53 |
| Altius Telecom Infra | 158.00 |
| Authum Inv. & Infra | 428.95 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: