India Infrastructure Trust declares total distribution of Rs3.7931; Stock gains 1%

8 Apr 2022 , 10:02 AM

The Pipeline InvIT Committee of Brookfield India Infrastructure Manager Private Limited (formerly known as WIP (India) Private Limited), acting in its capacity as Investment Manager of India Infrastructure Trust (“Trust”), in its meeting held on Thursday, April 7, 2022 has declared a total distribution of Rs3.7931 per Unit payable as under:

Return of Capital – Rs. 1.5759 per Unit
Return on Capital – Rs. 2.2172 per Unit

Further, as per regulatory filing, Tuesday, April 19, 2022 has been fixed as the Record Date for the purpose of the payment of this distribution to the Unitholders which will be paid on or before Thursday, April 21, 2022.

At around 10:07 AM, India Infrastructure Trust was trading at Rs99 per piece higher by 1.02% on Sensex.