Altius Telecom Infrastructure Trust Ratings Reaffirmed by CARE and CRISIL
Altius Telecom Infrastructure Trust saw its corporate credit rating reaffirmed by both CARE Ratings Limited and CRISIL Ratings Limited on April 21, 2026. The rating agencies maintained the highest credit rating for the Trust's issuer and its Non-Convertible Debentures (NCDs).The rating reaffirmation confirms the Issuer rating and Corporate Credit Rating of the Trust as 'CARE AAA; Stable' and 'CRISIL AAA/Stable.' Furthermore, the rating agencies reaffirmed the ratings on the Trust's Non-Convertible Debentures, maintaining the grades of 'CARE AAA; Stable' and 'CRISIL AAA/Stable' across these instruments.
Detailed Rating Reaffirmation
Multiple tranches of Non-Convertible Debentures were reviewed and reaffirmed by the rating agencies. Key reaffirmed ratings for the NCDs include:| NCD Tranche Amount | CARE Rating | CRISIL Rating |
|---|---|---|
| Rs. 7,900 crore | AAA; Stable | AAA/Stable |
| Rs. 2,000 crore | AAA; Stable | AAA/Stable |
| Rs. 1,500 crore | AAA; Stable | AAA/Stable |
| Rs. 1,550 crore | AAA; Stable | AAA/Stable |
| Rs. 7,120 crore | AAA/Stable | AAA/Stable |
| Rs. 1,100 crore | AAA/Stable | AAA/Stable |
Overview of Debentures and Ratings
For investors seeking a comprehensive view of the outstanding debt instruments, the Trust has several debentures with established ratings and maturity periods. These instruments include:| Instrument Name | ISIN | Issuance Date | Coupon Rate (%) | Maturity Date | Size of Issue (₹ crore) |
|---|---|---|---|---|---|
| Debentures-Non-convertible debentures | INE0BWS07011 | 30-Aug-2024 | 8 | 30-Aug-2034 | 1,850 |
| Debentures-Non-convertible debentures | INE0BWS07037 | 09-Sep-2024 | 9.99 | 10-Sep-2029 | 1,660 |
| Debentures-Non-convertible debentures | INE0BWS07029 | 09-Sep-2024 | 9.99 | 09-Sep-2029 | 6,240 |
| Debentures-Non-convertible debentures | INE0BWS07045 | 21-April-2025 | 7.45 | 20-April-2035 | 1,200 |
| Debentures-Non-convertible debentures | INE0BWS08050 | 09-March-2026 | 7.50 | 09-March-2033 | 1,450 |
| Proposed Debentures | NA | NA | NA | NA | 550 |
The AAA/Stable ratings assigned by both agencies indicate that the securities are considered to have the highest degree of safety regarding the timely servicing of financial obligations and carry the lowest credit risk.
Stock Price Movement
Altius Telecom Infrastructure Trust finished the day on Tuesday, settling at ₹163.75, representing a 2.96% gain for its shares. Throughout the session, the stock remained locked, trading completely flat between ₹163.75 and ₹163.75.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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