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IndiGrid InvIT
BSE: 540565NSE: INDIGRIDISIN: INE219X23014

3rd-Aug-2020 14:17Source: BSE

IndiGrid InvIT Fund - Update On Termination Of Inter Se Agreement Between Esoteric II Pte. Ltd, An Affiliate Of KKR & Co. Inc And Sterlite Power Grid Ventures Limited And Subsequent Withdrawal Of Intimation Of Desire To Be Designated As Sponsor By Es

We hereby inform that the Investment Manager of IndiGrid has received a letter from Esoteric II Pte. Ltd. (''Esoteric II''), an affiliate of KKR & Co. Inc, on August 3, 2020 intimating termination of their contractual arrangement with Sterlite Power Grid Ventures Limited , SPGVL (Sponsor of IndiGrid) regarding purchase of 15% (fifteen percent) of issued and outstanding units of IndiGrid from SPGVL. In light of the same, Esoteric II has also withdrawn its intent to be designated as a Sponsor of IndiGrid.

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