Indus Towers Ltd - 534816 - Clarification sought from Indus Towers Ltd
The Exchange has sought clarification from Indus Towers Ltd on June 20, 2024, with reference to Movement in Volume. The reply is awaited.21-06-2024
21-06-2024
Vodafone sells 18% stake in Indus Towers for Rs 15,300 cr; to pay bank dues
British telecom player Vodafone on Wednesday said it has sold an 18 per cent stake in Indus Towers for 1.7 billion euro (about Rs 15,300 crore). The company will use the major portion of the proceeds to pay 1.8 billion euro outstanding bank borrowings secured against Vodafone's assets in India. "Vodafone Group Plc...sold 484.7 million shares in Indus Towers Limited, representing 18 per cent of Indus' share capital through an accelerated book-build offering. "The placing raised Rs 153.0 billion (1.7 billion euro) in gross proceeds which will be used to substantially repay Vodafone's existing lenders in relation to the outstanding bank borrowings of 1.8 billion euro secured against Vodafone's Indian assets," Vodafone said in a note. Following the transaction, Vodafone now holds 82.5 million shares or 3.1 per cent in Indus Towers.19-06-2024
Vodafone Group looks to sell entire $2.3 billion stake in Indus Towers
Vodafone currently owns 21.5% of mobile-tower operator Indus via various group entities, valuing the investment at $2.3 billion as of Friday's stock price in Mumbai14-06-2024
Indus Towers Ltd - 534816 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Please find enclosed11-06-2024
Indus Towers Ltd - 534816 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Please find enclosed.29-05-2024
Indus Towers Ltd - 534816 - Announcement under Regulation 30 (LODR)-Change in Management
Please find enclosed disclosure on change in senior management.27-05-2024
Indus Towers Ltd - 534816 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Please find enclosed.27-05-2024
Indus Towers: What should investors do after 120 per cent returns from our buy recommendation
While we expect the business to remain good/stable and grow slow and steady from here, much of the positive developments and implications appear largely priced in24-05-2024