Bharti Airtel clarified that the acquisition is not going to be handled as a related-party transaction. Vodafone had totally exited Indus Towers in December 2024.
Bharti Airtel on Monday stated its board has permitted the acquisition of a 5 per cent extra stake in its telecom infrastructure subsidiary Indus Towers.
Bharti Airtel holds a 51.03 per cent stake in Indus Towers as of September 30.
Nevertheless, the corporate, in a submitting, stated that “acquisition would not fall inside associated occasion transaction(s)”.
“A Particular Committee of Administrators…has granted an enabling approval for acquisition of as much as 5 per cent extra stake in Indus Towers Restricted, a subsidiary firm, in a number of tranches over a time period,” Airtel stated within the submitting.
Based mostly on Indus Tower’s Monday closing value of Rs 382.70 on BSE, the 5 per cent stake is price over Rs 5,000 crore.
Airtel stated that the acquisition shall be topic to prevailing market circumstances, together with liquidity and value concerns, in addition to compliance with relevant legal guidelines.
Public shareholders, together with mutual funds, Life Insurance coverage Company of India, held a 48.93 per cent stake in Indus Towers as on September 30.
In December 2024, Vodafone bought its 3 per cent stake in Indus Towers for round Rs 2,800 crore and exited from the corporate.
Indus Towers shares closed at Rs 382.7 per share on Monday.
Revealed on November 3, 2025
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