Altius Telecom Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Altius Telecom Infrastructure Trust has informed the exchange that CARE Ratings and CRISIL have reaffirmed its issuer rating at 'CARE AAA; Stable' and 'CRISIL AAA/Stable', respectively. The rating agencies have also reaffirmed the ratings on the Trust's Non-Convertible Debentures (NCDs), totaling Rs. 11,400 crore across three tranches, at the same AAA/Stable level from both agencies. CRISIL has additionally reaffirmed the rating on the Trust's Rs. 1,000 crore Commercial Paper programme at 'CRISIL A1+', indicating the highest degree of safety for timely debt servicing. The filing includes the detailed rating letters from both agencies and an annexure listing the NCD instruments, including a fresh Rs. 1,200 crore issuance on April 21, 2025 at a 7.45% coupon.
This is a positive signal for investors — the highest possible investment-grade rating (AAA/Stable) from two major agencies reaffirms the Trust's strong creditworthiness and low default risk. Existing NCD holders and prospective debenture investors can take comfort in the continued top-tier ratings, while unit holders benefit from the validation of the Trust's stable financial profile.