INDIGRID

March 21 (Reuters) - IndiGrid Infrastructure Trust IGTR.NS:

• INDIGRID INFRASTRUCTURE TRUST - APPROVES RAISING DEBT UP TO 32 BILLION RUPEES

Source text: ID:nBSE2wQ3tY

Further company coverage: IGTR.NS

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Nov 13 (Reuters) - India Grid Trust IGTR.NS:

• INDIGRID DEEPENS PARTNERSHIP WITH BRITISH INTERNATIONAL INVESTMENT, NORFUND

• PARTNERSHIP TO CREATE ENERGRID, A USD 300 MILLION PLATFORM

• ENERGRID TO DEVELOP GREENFIELD TRANSMISSION, BESS PROJECTS IN INDIA

• EACH OF THREE PARTNERS COMMITTED TO INVEST $100 MILLION IN PLATFORM

• POST COMMERCIAL OPERATIONS COMMENCEMENT, PROJECTS TO BE ACQUIRED BY INDIGRID

Source text: ID:nNSE6VH2bY

Further company coverage: IGTR.NS

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BENGALURU, Aug 21 (Reuters) - U.S. private equity firm KKR's KKR.N affiliate, Esoteric, will sell a 17.3% stake in India Grid Trust (IndiGrid) IGTR.NS for $213.6 million, the Indian investment firm said on Wednesday.

The sale involves 135.8 million IndiGrid shares at an offer price of 132 rupees each. The offer comprises a base offer of 9.66% stake with an oversubscription option of 7.66%.

Esoteric, a sponsor of IndiGrid, is also a majority unitholder of IndiGrid Investment Managers, holding a 74% stake. The latter is responsible for IndiGrid's operations, including cash flows, acquisitions, and divestments.

The share sale is scheduled for August 22 and 23, with Axis Capital, Ambit Capital, and SBICAP Securities appointed as selling brokers.

The BSE BSEL.NS is the designated stock exchange.

($1 = 83.8880 Indian rupees)

(Reporting by Manvi Pant in Bengaluru; Editing by Tasim Zahid)

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** Shares of Techno Electric & Engineering TEEC.NS jump 4.9% to 1,728 rupees

** The power-infrastructure co said it entered into deal with infrastructure investment trust, India Grid Trust (IndiGrid) IGTR.NS

** Deal for development of two of IndiGrid's interstate transmission system project

** Including session's gains, stock up over ~116% YTD

(Reporting by Manvi Pant in Bengaluru)

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Aug 15 (Reuters) - India Grid Trust IGTR.NS:

• INDIA GRID TRUST - PARTNERS WITH BRITISH INTERNATIONAL INVESTMENT, NORFUND, TECHNO ELECTRIC

• INDIA GRID TRUST - PARTNERSHIP FOR DEVELOPING GREENFIELD TRANSMISSION PROJECTS

Further company coverage: IGTR.NS

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MUMBAI, June 20 (Reuters) - India Grid Trust IGTR.NS plans to raise 6.50 billion rupees ($77.91 million), which includes a greenshoe option of 3 billion rupees, through the sale of bonds maturing in two years and eight months, three bankers said on Friday.

It will pay a coupon of 7.87%, payable on a quarterly basis, and has invited bids for the issue on Friday, the bankers said.

Here is the list of deals reported so far on June 20:

*Size includes base plus greenshoe for some issues

($1 = 83.4340 Indian rupees)

(Reporting by Dharamraj Dhutia; Editing by Sohini Goswami)

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April 1 (Reuters) - India Grid Trust IGTR.NS:

• INDIGRID OPERATIONALIZES FIRST GREENFIELD PROJECT KALLAM TRANSMISSION

Source text for Eikon: ID:nBSE6p22lQ

Further company coverage: IGTR.NS

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March 14 (Reuters) - India Grid Trust IGTR.NS:

• INDIA GRID TRUST - RECEIPT OF LETTER OF INTENT FOR BATTERY ENERGY STORAGE SYSTEMS PROJECT

• INDIA GRID TRUST - PROJECT SHALL HAVE ANNUAL REVENUE OF OVER 970 MILLION RUPEES

Source text for Eikon: ID:nNSE6L0GQL

Further company coverage: IGTR.NS

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Feb 23 (Reuters) - India Grid Trust IGTR.NS:

• INDIA GRID TRUST - COMPLETED ACQUISITION OF RENEW SOLAR URJA FROM RENEW SOLAR POWER

Source text for Eikon: ID:nNSE8Vlg6L

Further company coverage: IGTR.NS

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Feb 16 (Reuters) - India Grid Trust IGTR.NS:

• RECEIPT OF LETTER OF INTENT FOR TRANSMISSION PROJECT UNDER TARIFF BASED COMPETITIVE BIDDING

• ESTIMATED CAPEX OUTLAY OF 1.35 BILLION RUPEES

Source text for Eikon: ID:nNSEbfRhQq

Further company coverage: IGTR.NS

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MUMBAI, Feb 15 (Reuters) - India's Bajaj Housing Finance has accepted bids worth 10 billion rupees ($120.45 million) for bonds maturing in two years, three bankers said on Thursday.

The non-banking finance company has set a coupon of 8% for this issue, for which it had invited bids earlier in the day.

Here is the list of deals reported so far on Feb. 15:

* Size includes base plus greenshoe for some issues

($1 = 83.0250 Indian rupees)

(Reporting by Bhakti Tambe; Editing by Sonia Cheema)

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Jan 2 (Reuters) - India Grid Trust IGTR.NS:

• INDIGRID WINS TWO INTER-STATE TRANSMISSION PROJECTS WITH OVER 10 BILLION RUPEES CAPEX

• CONSORTIUM OF UNITS HAS RECEIVED LETTERS OF INTENT FROM REC POWER DEVELOPMENT AND CONSULTANCY

• FIRST PROJECT WITH ANNUAL TRANSMISSION CHARGES OF ABOUT 530 MILLION RUPEES POST COMMISSIONING

• ANNUAL TRANSMISSION CHARGES OF 625 MILLION RUPEES ON SECOND PROJECT POST COMMISSIONING

Source text for Eikon: ID:nNSE3XnCTK

Further company coverage: IGTR.NS

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MUMBAI, Aug 23 (Reuters) - India Grid Trust IGTR.NS has accepted bids worth an aggregate of 17 billion rupees ($205.52 million) for bonds maturing in little more than a year and in seven years, three merchant bankers said on Tuesday.

The company had invited bids from bankers and investors for the same earlier in the day, they said.

Here is the list of deals reported so far on Aug. 23:

* Size includes base plus greenshoe for some issuances

($1 = 82.7189 Indian rupees)

(Reporting by Dharamraj Dhutia; Editing by Janane Venkatraman)

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MUMBAI, Aug 22 (Reuters) - India Grid Trust IGTR.NS plans to raise an aggregate of 17 billion rupees ($204.71 million) through bonds maturing in a little more than a year and in seven years, three merchant bankers said on Tuesday.

The company has invited bids from bankers and investors for the same on Wednesday, they said.

Here is the list of deals reported so far on Aug. 22:

*Size includes base plus greenshoe for some issuances

($1 = 83.0440 Indian rupees)

(Reporting by Dharamraj Dhutia; Editing by Sohini Goswami)

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MUMBAI, Aug 17 (Reuters) - India Grid Trust IGTR.NS plans to raise at least 16 billion rupees ($192.31 million) selling bonds maturing in 14 years, seven months and 11 days, three bankers said on Thursday.

The company has invited bids from bankers and investors for the issue later in the day, they said. In April, the company raised 11.4 billion rupees through bonds maturing in 17 years, 11 months and 12 days at a coupon of 7.70%.

Below is the list of deals reported so far on Aug. 17:

* Size includes base plus greenshoe for some issuances

($1 = 83.1980 Indian rupees)

(Reporting by Dharamraj Dhutia; Editing by Sherry Jacob-Phillips)

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May 12 (Reuters) - India Grid Trust IGTR.NS:

• APPROVED RAISING DEBT UPTO 42.5 BILLION RUPEES

• MARCH-QUARTER CONSOL NET PROFIT 1.35 BILLION RUPEES VERSUS 963.3 MILLION RUPEES

• MARCH-QUARTER CONSOL TOTAL INCOME 6.25 BILLION RUPEES VERSUS 5.69 BILLION RUPEES

Source text for Eikon: ID:nNSE66vLKY

Further company coverage: IGTR.NS

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May 5 (Reuters) - India Grid Trust IGTR.NS:

• TO CONSIDER RAISING OF DEBT THROUGH VARIOUS SOURCES

Source text for Eikon: ID:nBSE1mzTDn

Further company coverage: IGTR.NS

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April 20 (Reuters) - India Grid Trust IGTR.NS:

• RAISES LONG TERM NCDS FROM IFC TOTALING 11.40 BILLION RUPEES

• PLANS TO UTILIZE THIS DEBT FOR FUNDING ITS UPCOMING REFINANCING OPPORTUNITIES IN FY 24

Source text for Eikon: ID:nBSE1q4gZc

Further company coverage: IGTR.NS

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April 19 (Reuters) - India Grid Trust IGTR.NS:

• APPOINTS NAVIN SHARMA AS CFO

Source text for Eikon: ID:nBSE1FGln5

Further company coverage: IGTR.NS

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MUMBAI, April 18 (Reuters) - India Grid Trust IGTR.NS has accepted bids worth 11.4 billion rupees ($139 million) for bonds maturing in 17 years, 11 months and 12 days, three bankers said on Tuesday.

The company will offer a coupon of 7.70%, which would be payable on a quarterly basis, they said.

It had received bids for the bonds from bankers and investors earlier in the day, and the issue will be settled later this week.

The bonds are rated AAA by ICRA, and will mature in March 2041.

In February, the company raised 5 billion rupees each through bonds maturing in five years and eight years at a coupon of 7.85% and 7.92%, respectively.

($1 = 82.0375 Indian rupees)

(Reporting by Dharamraj Dhutia and Bhakti Tambe; Editing by Varun H K)

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