StockWatch
·
Power - Transmission
Corporate Action28 Oct 2026, 06:21 pm

IndiGrid Unitholders Approve Portfolio Assets Restructuring

AI Summary

IndiGrid Infrastructure Trust announced the approval of its portfolio assets restructuring by its unitholders through a postal ballot. The resolution was passed with a simple majority. The voting period concluded on October 27, 2026, with 537 unitholders participating. The total valid votes cast represented 35,09,04,232 units. The restructuring was approved with overwhelming support, with 99.98% of the votes polled in favour.

Key Highlights

  • Unitholders approved the restructuring of IndiGrid's portfolio assets.
  • The resolution passed with a simple majority via postal ballot.
  • Over 35 crore units participated in the e-voting process.
  • The restructuring received strong approval from unitholders.