IndiGrid Investment Managers Limited (IIML) is the Investment Manager for IndiGrid. The Investment Manager is responsible for the operations pertaining to the Trust, such as distribution of cash flows, acquisition/divestment of assets etc. IIML executed Investment Management Agreement with IndiGrid on November 10, 2016. As per the provisions of the Investment Management Agreement, IIML is empowered to
- Take all decisions in relation to the management and administration of IndiGrid’s assets and the investments of IndiGrid
- Oversee the activities of the Project Manager in terms of the InvIT Regulations and applicable Law
- Issue and allot units, accept subscriptions to Units of IndiGrid and issue, transfer units to Unitholders or such other persons and undertake all related activities
The Investment Manager has focussed teams engaged in asset management, M&A, capital raising, compliance, engineering and finance & accounting.
As on March 31, 2022, KKR owns 100% stake in IIML
