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PowerGrid update on proposed IPO of PGInvIT

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Capital Market
POWERGRID Infrastructure Investment Trust (PGInvIT), an infrastructure investment trust settled by POWERGRID as the sponsor and registered with the Securities and Exchange Board of India (SEBI), has filed a draft offer document dated 25 January 2021, in relation to the proposed initial public offer of units by PGInvIT, which is proposed to consist of a fresh issue of units by PGInvIT and an offer for sale of units by POWERGRID, with SEBI for its observations.

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First Published: Jan 27 2021 | 8:17 PM IST

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