The unitholders of India Grid Trust (IndiGrid) have approved the induction of Esoteric II Pte. Ltd., an affiliate of KKR&Co. Inc., as a sponsor. The special resolution to induct Esoteric II as a sponsor was passed with a special majority (75% voting) at IndiGrid’s AGM on Monday. All regulatory approvals, including the board’s assent are in place for Esoteric II ‘s induction as a co-sponsor,” KKR and IndiGrid said in a statement.
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