India Grid Trust (BSE:540565) to seek acquisitions. Commenting on the quarterly results Harsh Shah, Chief Executive Officer, said, “In line with our strategy, IndiGrid is on track to achieve AUM (assets under management) of INR 180 billion over next two years as it acquires projects for which it has signed framework agreement and ROFO deed. We are also very encouraged by the rights issue guidelines as it will enable an efficient way to raise future capital to fund acquisitions and offer opportunity to participate for all investors”.