Shareholding2 Sept 2026, 05:21 pm
Altius Telecom Sponsor Sells Units Worth ₹85.8 Cr
AI Summary
Altius Telecom Infrastructure Trust has disclosed a material issue concerning the sale of units by its sponsor, BIF IV Jarvis India Pte. Ltd. The sponsor sold 2,500,000 units on September 1, 2026, and an additional 86,115,000 units on September 2, 2026. These transactions resulted in a total sale of 88,615,000 units, reducing the sponsor's holding from 45.34% to approximately 45.33%. The total value of the sale is ₹85,845,375,000. The disclosure was made on September 2, 2026, in compliance with SEBI PIT Regulations.
Key Highlights
- Sponsor BIF IV Jarvis India Pte. Ltd. sold units in Altius Telecom.
- Total of 88,615,000 units were disposed of.
- The sale occurred on September 1st and 2nd, 2026.
- Sponsor's holding slightly decreased to 45.33%.
- Transaction value reported as ₹85,845,375,000.
Price Impact
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