We wish to inform that the Board of Directors of POWERGRID Unchahar Transmission Limited ('PUTL') - the Investment Manager to POWERGRID Infrastructure Investment Trust ('PGInvIT'), in its meeting held today i.e. on Thursday, May 25, 2023 has inter alia considered and approved- the Valuation Report as prepared by independent valuer, M/s INMACS Valuers Private Limited ('Independent Valuer') bearing IBBI registration number IBBI/RV-E/02/2021/141 for the period ended on March 31, 2023. Pursuant to Regulation 10 of the SEBI (Infrastructure Investment Trusts) Regulations, 2014, as amended or supplemented, the Net Asset Value ('NAV') of PGInvIT as on March 31, 2023 based on the above-mentioned Valuation Report issued by the Independent Valuer is Rs. 86.04 per unit and its computation is set out as part of disclosures under the Consolidated Financial Information of PGInvIT.