Altius Telecom Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Altius Telecom Infrastructure Trust's Board reviewed a SEBI advisory cum administrative warning issued following a thematic inspection of the Trust for NDCF Distribution and related disclosures covering April 2024 to March 2025. SEBI warned the Investment Manager that surplus cash from SPV acquisitions funded by external debt must first repay those liabilities, not be used for NDCF distributions to unitholders. SEBI also advised the Trust to disclose 5-year past performance data on unit price, distribution, and yield in half-yearly reports. The Board approved a revised Code of Conduct for Prevention of Insider Trading and Code of Fair Disclosure. SEBI stated the warning carries no quantifiable monetary impact.
The regulatory warning is advisory cum administrative in nature, meaning no immediate financial penalties, but signals increased SEBI scrutiny on InvIT distribution practices. Unitholders should note the compliance guidance on NDCF handling and expect improved disclosure standards going forward.