“India Grid Trust (IndiGrid), an infrastructure investment trust (InvIT) sponsored by Sterlite Power Grid Ventures Ltd, will raise ₹2,560 crore of primary capital through a qualified institutional placement (QIP) beginning Wednesday, said a person aware of the development,” reported Mint.

Khaitan & Co advised Sterlite Power Grid Ventures Limited (SPGVL) led by a team of managing partner Haigreve Khaitan, partner Mehul Shah, senior associate Shreya Mukherjee and associate Shivam Arora, with inputs from partner Sharad Abhyankar on corporate governance related aspects, and with assistance from associate Divya Gupta.

2019-04-30

Deal value: INR 11,539 crores (~ USD 1.66 billion)

{incomplete}