Altius Telecom Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
The Board of Directors of Data Link Investment Manager Private Limited, acting as the Investment Manager of Altius Telecom Infrastructure Trust, met on March 30, 2026, and approved the conversion of the Trust from a private listed infrastructure investment trust (InvIT) to a public listed InvIT. The conversion will be carried out through a public offer of units, which may include a fresh issue, an offer for sale by existing unitholders, or a combination of both. The Board also approved amendments to the Indenture of Trust and the Investment Management Agreement to facilitate this process. A draft postal ballot notice was approved to seek unitholder approval. The move is subject to unitholder consent, market conditions, and SEBI InvIT regulations, including the July 2025 SEBI master circular framework for converting private listed InvITs into public ones.
This is a significant structural development for the Trust. If unitholders approve, the Trust will transition to a public InvIT, which could broaden its investor base, improve liquidity in its units, and potentially attract more institutional participation. Short-term unit price may react to the dilution risk from a fresh issue, while existing unitholders may benefit from a potential re-rating associated with public InvIT status.