Indus Towers has raised Rs 1500 crore through the allotment of 15,000 rated, listed, unsecured, redeemable non-convertible debentures of face value of Rs 10,00,000 each (NCDs) in three series on private placement basis. The Committee of Directors for Fund Raising at their meeting held on December 7, 2022, has inter-alia, approved the allotment of 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.