Loan & Debt19 Aug 2026, 05:20 pm
IndiGrid Infrastructure Trust Plans ₹6,400 Cr Debt Issuance
AI Summary
IndiGrid Infrastructure Trust announced its Board of Directors, through its Investment Manager IndiGrid Investment Managers Limited, has approved borrowings up to ₹6,400 Crores. This fundraising initiative involves the issuance of Non-Convertible Debt Securities in two series: Series AI Debt Securities for ₹350 Crores and Series AJ Debt Securities for ₹750 Crores. The approval was granted during the Board meeting held on February 12, 2026, in compliance with SEBI regulations. This move is expected to support IndiGrid's ongoing infrastructure projects and financial strategy.
Key Highlights
- IndiGrid plans to raise ₹6,400 Crores through debt issuance.
- The company will issue Series AI and Series AJ Non-Convertible Debt Securities.
- The Board approved the borrowing limit on February 12, 2026.
- This is a significant move to fund infrastructure development.
Price Impact
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