STOCKWATCH
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Telecom - Infrastructure
Deals30 Mar 2026, 05:30 pm

Altius Telecom Infrastructure Trust to Convert from Private to Public Listed InvIT

AI Summary

Altius Telecom Infrastructure Trust has announced its decision to convert from a private to a public listed infrastructure investment trust. This decision was made during a Board meeting held on March 30, 2026. The conversion will be subject to approval from unitholders, other necessary approvals, favorable market conditions, and compliance with the SEBI InvIT Regulations. The Trust will undertake a public offer of units, which may include a fresh issue of units or an offer for sale by existing unitholders. The Board also approved amendments to the Indenture of Trust and Investment Management Agreement to facilitate the conversion process. A notice for a postal ballot will be circulated to unitholders and intimated to the stock exchange.

Key Highlights

  • Altius Telecom Infrastructure Trust to convert from private to public listed InvIT
  • Conversion subject to unitholder approval, favorable market conditions, and SEBI InvIT Regulations compliance
  • Public offer of units to include fresh issue or offer for sale by existing unitholders
  • Board approved amendments to Indenture of Trust and Investment Management Agreement
  • Postal ballot to be circulated to unitholders for approval
ALTIUSINVIT
Telecom - Infrastructure
Altius Telecom Infrastructure Trust

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