Altius Telecom Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
The Board of Directors of the Investment Manager of Altius Telecom Infrastructure Trust approved a proposal to raise funds up to Rs 2,000 crore through the issuance of Secured/Unsecured, Senior, Listed, Rated, Taxable and Redeemable Non-Convertible Debentures (NCDs). Each NCD will have a face value of Rs 1 lakh and will be issued on a private placement basis in one or more tranches. The board meeting was held on December 24, 2025, and concluded in about 29 minutes. The proceeds are likely to support the Trust's infrastructure-related activities or refinancing of existing obligations.
This is a large debt-raising exercise that could expand the Trust's capital base but will also add to its interest obligations. Existing unitholders may see dilution of cash flows if returns are used for debt servicing rather than distributions.