The Government of Singapore sold a 2.93 percent stake in IndiGrid Infrastructure Trust on 5 August 2026. The sale involved 2.79 crore units, worth ₹486.14 crore, at a price of ₹174 per unit.
The transaction was executed through open‑market block deals. Domestic institutions and asset managers were the main buyers, reflecting strong interest from Indian investors.
After the sale, IndiGrid units closed 0.21 percent higher at ₹177.38 on the National Stock Exchange. Trading volumes were heavy, showing active market participation.
Before the sale, Singapore held a 7.36 percent stake in the trust, making it the largest unitholder as of the June 2026 quarter.
Neo Group, through several funds, bought 57.47 lakh units. This purchase gave Neo a 0.6 percent stake and cost the group ₹100 crore.
The National Pension System (NPS) Trust acquired 71.83 lakh units, a 0.75 percent stake, for nearly ₹125 crore.
Nippon India Mutual Fund bought 42.25 lakh units for ₹73.52 crore. Other buyers included Goldman Sachs Bank Europe SE, which took 16.45 lakh units for ₹28.62 crore, and Askwa Income Opportunities AIF, which purchased 19.54 lakh units for ₹34 crore.
Additional investors were Indian Energy Exchange, Alpha Alternatives MSAR LLP, KRBL, Bharti AXA Life Insurance Company, and Citigroup Global Markets Mauritius. Each of these entities bought 14.36 lakh units, worth about ₹25 crore, diversifying the ownership base of IndiGrid Infrastructure Trust.