Altius Telecom Trust Board Reviews Advisory Warning and Adopts Revised Compliance Codes
Altius Telecom Infrastructure Trust, through its investment manager Data Link Investment Manager Private Limited, held a Board of Directors meeting on April 21, 2026. During the session, the Board reviewed an Advisory cum Administrative Warning issued by the Securities and Exchange Board of India (SEBI).The meeting, which commenced at 10:00 a.m. and concluded at 11:40 a.m., covered the details of the warning received following a Thematic Inspection of the Trust for Non-Depreciable Charged Assets (NDCF) and related disclosures for the period April 01, 2024, to March 31, 2025.
Beyond reviewing the regulatory warning, the Board also approved and adopted the revised Code of Conduct for Prevention of Insider Trading and the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information.
Details of SEBI Advisory and Warning
The Advisory cum Administrative Warning highlighted key areas for the Investment Manager regarding compliance and disclosure practices. The core details from the warning are summarized below:| Particulars | Details |
|---|---|
| Authority | Securities and Exchange Board of India (SEBI) |
| Warning Focus | Thematic Inspection of Altius Telecom Infrastructure Trust for NDCF Distribution and related disclosures (Period: April 01, 2024 - March 31, 2025). |
| Administrative Warning | If an acquisition of a Special Purpose Vehicle (SPV) or a further infusion of funds to repay existing liabilities of that SPV is funded by external debt raised by the Trust, the surplus cash available with the SPV at the time of acquisition must first be used to repay those external liabilities, and not for the end distribution of NDCF to unitholders. |
| Advisory | The Investment Manager of the Trust must disclose the past performance of the Trust for the last five years related to unit price, distribution, and yield, in the Half Yearly report submitted to the Stock Exchange and the Trustee. |
| Impact | The Investment Manager stated that the communication was advisory-cum-administrative in nature and hence does not carry quantifiable impact in monetary terms. |
The Investment Manager confirmed its commitment to ensuring continued compliance with the applicable regulatory framework moving forward.
Stock Price Movement
Altius Telecom Infrastructure Trust settled at ₹159.05 on Thursday, having edged higher by 0.66% in shares. Throughout the session, the shares were observed to trade within a narrow range, finding support near ₹159.00 and hitting a high of ₹159.05.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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