BSEDigital Fibre Infrastructure TrustMediumNeutral
Announced Wed, 30 Jul · 21:19 IST

Digital Fibre Infrastructure Trust has informed the Exchange regarding Full Valuation report subsequent to material development FY ended 2024-25

Regulatory & Legal View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Digital Fibre Infrastructure Trust (DFIT), an InvIT listed on BSE, has submitted its half-yearly valuation report as required under SEBI InvIT Regulations. The valuation, done by Ernst & Young Merchant Banking Services LLP, covers Jio Digital Fibre Private Limited (JDFPL) — which operates a pan-India optic fibre network of about 30.1 million fibre pair kilometres — and the loans given by the Trust to JDFPL. The enterprise value of JDFPL was estimated at ₹2,20,037 crore, with equity value pegged at ₹515 crore. The Staggered Loan from DFIT to JDFPL was valued at ₹21,721 crore, and Fixed Rate Loans at ₹32,970 crore. Reliance Jio remains the anchor tenant under a 30-year fibre use agreement. The valuation was based on the discounted cash flow (DCF) method using management's business plan.

Likely market impact

This is a routine regulatory disclosure for InvIT unit holders and does not indicate any operational change. Investors can review the detailed report on the Trust's website to understand the underlying asset valuation.