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Indus Towers gets nod to raise up to Rs 2,000 crore through NCDs

28 Oct 2022 Evaluate

Indus Towers has received approval to raise up to Rs 2,000 crore by way of issuance of Non-Convertible Debentures (NCDs) in one or more tranches on private placement basis. The Board of Directors of the Company in its meeting held on October 27, 2022, has approved the same.

Indus Towers is a telecom tower infrastructure service provider that deploys, owns and manages telecom towers and communication structures, for various mobile operators.

Peers
Company Name CMP
Bharti Airtel 1818.00
Vodafone Idea 14.31
Indus Towers 381.95
Tata Communications 1695.15
Railtel Corp. India 263.40
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