Acquisitions18 Mar 2026, 01:30 pm
Anzen India Energy Yield Plus Trust to Acquire 100% Shareholding in Kudgi Transmission Limited for Up to INR 11,000 Mn
AI Summary
Anzen India Energy Yield Plus Trust has signed a Securities Purchase Agreement to acquire 100% shareholding in Kudgi Transmission Limited from Infrastructure Yield Plus II, Infrastructure Yield Plus ITA, and India Infrastructure Yield Plus II. The acquisition, valued at up to INR 11,000 Mn, is in line with Anzen’s investment strategy and is subject to Unitholders’ consent and other relevant approvals.
Key Highlights
- Anzen India Energy Yield Plus Trust to acquire 100% shareholding in Kudgi Transmission Limited.
- Transaction valued at up to INR 11,000 Mn, including cash and cash equivalents.
- Kudgi Transmission Limited owns and operates 400/765 kV double circuit power transmission lines in Karnataka.
- Acquisition subject to Unitholders’ consent and other relevant approvals.
- Expected completion before December 31, 2026, or as mutually agreed.