Altius Telecom Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
CARE Ratings has assigned and reaffirmed the highest credit rating of 'CARE AAA; Stable' for Altius Telecom Infrastructure Trust. A new rating of AAA; Stable was assigned for a proposed Non-Convertible Debenture (NCD) issue of up to Rs. 1,550 crores. The Issuer Rating was reaffirmed at AAA; Stable based on the Trust's FY25 audited and H1FY26 unaudited performance. Additionally, existing NCD tranches of Rs. 7,900 crores, Rs. 2,000 crores, and Rs. 1,500 crores were all reaffirmed at AAA; Stable. CARE AAA is the highest safety rating, reflecting very strong capacity to meet financial obligations.
This is a positive signal for existing and prospective debenture holders, as the highest AAA rating with Stable outlook confirms strong credit quality. The planned Rs. 1,550 crore NCD issue indicates the Trust is raising fresh debt, likely to fund telecom infrastructure expansion. No rating action is negative — all existing ratings were maintained at the top tier.