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IndiGrid InvIT

22nd-Apr-2021 21:23Source: BSE

IndiGrid InvIT Fund - Outcome Of Allotment Committee Meeting Held On April 22, 2021

We hereby inform you that a meeting of the Allotment Committee of the board of directors of IndiGrid Investment Managers Limited, acting in the capacity of Investment Manager to India Grid Trust ('IndiGrid or Trust') was held today i.e. April 22, 2021, wherein the Allotment Committee inter-alia considered and approved the public issue of secured, rated, listed, redeemable non-convertible debt securities ('NCDs') having a face value of Rs.1,000/- each for an amount up to Rs.100 Crores ('Base Issue Size') with an option to retain oversubscription of upto Rs.900 Crores aggregating upto 10,000,000 NCDs amounting to Rs.1,000 Crores ('Tranche 1 Issue Limit') which is within the shelf limit of Rs.1,000 crore.
Please find attached the Outcome of the Allotment Committee meeting.

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