Sponsor Rapid Holdings 2 Pte, which is a part of the Brookfield Asset Management, sold 25.4 percent stake in Energy Infrastructure Trust to several investors, while Vanguard Group has picked Rs 353.3 crore worth units in India Grid Trust via open market transactions on September 19.
Energy Infrastructure Trust closed at Rs 82 on the BSE, declining 0.4 percent with significant volumes.
Brookfield entity offloaded 16.86 crore units (equivalent to 25.39 percent stake) in the InvIT at Rs 82 per unit, valued at Rs 1,382.7 crore. Rapid Holdings held 75 percent stake in the InvIT as of June 2025.
On other side, total 24 investors acquired 16.86 crore units in Energy Infrastructure Trust including IIFL Management Services, Ambit Wealth, Edelweiss Tokio Life Insurance, Star Health, Tara Emerging Asia Liquid Fund, Trust Investment Advisors, 360 ONE, Balkrishna Industries, LGT Wealth India, and Future Generali India Life Insurance Company.
ICICI Prudential Mutual Fund, Bank of Baroda, Axis Max Life Insurance, Tata Investment Corporation, and QRG Investments are the top unit holders other than sponsor in the InvIT.
Meanwhile, Vanguard Group through its three funds has picked 2.5 percent stake or over 2 crore units in IndiGrid Infrastructure Trust at Rs 169.12 per unit, for Rs 353.3 crore.
However, Larsen & Toubro, which had held 4.52 percent stake as of June 2025, sold 54.6 lakh units at Rs 168.78 per units for Rs 92.1 crore, while BNP Paribas Financial Markets offloaded 46.1 lakh units at Rs 168.17 per unit, for Rs 77.6 crore.
IndiGrid Infrastructure Trust closed 0.65 percent higher at Rs 168.9, which has seen upward journey since April this year despite intermittent correction.
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