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Credit Market
10 Oct 2023
Powergrid InvIT Analysis
Power Grid Infrastructure Investment (PGInvIT) is owned(sponsored) by Power Grid Corporation of India which has been conferred a Maharatna PSU status.Powergrid Infrastructure Investment Trust declared its dividend of Rs. 3 per unit during Q1FY24. It has guided for a total dividend distributed as Rs 12 per unit for FY24. Since listing of its shares, total distribution stood at Rs 25.20 per unit.
Subhasis Mishra
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