It may be recalled that Sterlite Power was the original sponsor of IndiGrid – India's first infrastructure investment trust (InvIT) in the power sector. IndiGrid made its initial public offer in 2017 and subsequently got listed on stock exchanges, on June 6, 2017. In August 2020, Sterlite Power sold some of its equity stake in IndiGrid and exited its role as the sponsor of the InvIT. With the current development, the decoupling of Sterlite Power from IndiGrid is now complete. It may also be mentioned that in June 2020, capital market regulator issued guidelines that allowed sponsors to exit from an InvIT after the minimum lock-in period of three years, from the date of listing.