Indigrid to acquire 100 per cent shareholding in Khargone Transmission

The India Grid Trust (IndiGrid) has signed a share purchase agreement for the acquisition of 100 per cent shareholding and economic interest, in one or more tranches, in Khargone Transmission Limited from Ster­lite Power Transmission Limited. The acquisition will be for a cash consideration at an enterprise value not exceeding Rs 14.98 billion.