STOCKWATCH
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Power - Transmission
Acquisitions16 Apr 2026, 02:14 pm

Anzen Trust approves ₹1,100 Cr preferential issue for acquisition

AI Summary

Anzen India Energy Yield Plus Trust's Investment Manager approved a significant corporate action. This includes a change in the Trust's sponsor, with Epic Green Urja Private Limited set to replace SEPL Energy Private Limited, pending unitholder approval. Concurrently, the Trust will undertake a preferential issue of up to 880 million units at ₹125 per unit, aggregating approximately ₹1,100 Crores. This non-cash issuance is structured as a unit swap to facilitate the acquisition of Kudgi Transmission Limited from Infrastructure Yield Plus II and its affiliates. Unitholder approval is also sought for the sellers and their associates to hold more than 25% of Anzen's outstanding units. The trading window for Anzen units remains closed until 48 hours after Q4 FY26 financial results.

Key Highlights

  • Anzen Trust approved a ₹1,100 Cr preferential unit issue.
  • Units will be issued at ₹125 each for non-cash acquisition.
  • Epic Green Urja Private Limited to become the new sponsor.
  • Acquisition of Kudgi Transmission Limited via unit swap.
  • Unitholder approval is required for these corporate actions.
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