India Grid Trust to consider raising of debt through various sources

India Grid Trust, on Friday, said its board of directors will consider raising of debt through various sources at a meeting scheduled to be held on Friday, May 12, 2023.

In a filing with the stock exchanges, the company said, the Board of Directors of IndiGrid Investment Managers Limited acting in the capacity of Investment Manager to India Grid Trust (‘IndiGrid’) is scheduled to be held on Friday, May 12, 2023, to consider and approve, inter-alia, the matters: Audited Financial Information of India Grid Trust for the financial year ended on March 31, 2023, along with the audit report; distribution to unitholders of IndiGrid for Q4 FY 23; and raising of debt through various sources including term loans,