Sterlite seeks Sebi nod for Rs 2,500 Crore infrastructure investment trust

June 14 2016

Sterlite Power

Billionaire Anil Agarwal’s Sterlite Power Transmission aims to raise Rs 2,000- Rs 2,500 crore through infrastructure investment trust (InvITs) before December. Sterlite Power Transmission, which was recently carved out from Sterlite TechnologiesBSE -0.98 %, plans to raise the funds through its subsidiary Sterlite Power GridBSE 1.09 % Ventures (SPGC). The application for registration of the trust was filed on Monday with the capital market regulator Securities and Exchange Board of India.