HomeNewsBusinessMarkets360 ONE Portfolio Managers offloads 1.4% stake in Energy Infrastructure Trust for Rs 76.5 crore

360 ONE Portfolio Managers offloads 1.4% stake in Energy Infrastructure Trust for Rs 76.5 crore

Energy Infrastructure Trust rose 0.27 percent to Rs 82.22 per unit on the BSE.

September 22, 2025 / 22:27 IST
Story continues below Advertisement
Bulk Deals on September 22
Bulk Deals on September 22

360 ONE Portfolio Managers sold 1.4 percent stake in Energy Infrastructure Trust, the InvIT sponsored by Brookfield Asset Management's Rapid Holdings 2, via open market transaction on September 22.

Energy Infrastructure Trust rose 0.27 percent to Rs 82.22 per unit on the BSE.

Story continues below Advertisement

360 ONE Portfolio Managers sold 93 lakh units (equivalent to 1.4 percent shareholding) in the InvIT at Rs 82.3 per unit, amounting to Rs 76.5 crore.

Pipeline Infrastructure, a special purpose vehicle, is the first asset of the InvIT. It is a gas pipeline infrastructure project, connecting all major gas-producing fields on the East coast to the major consuming centers of the West i.e. East West Pipeline between Kakinada in Andhra Pradesh and Bharuch in Gujarat.