Bharti Airtel has increased its direct stake in Indus Towers by acquiring 23.01 per cent shares held by its completely owned subsidiary Nettle Infrastructure. Bharti Airtel now holds 47.95 per cent stake in Indus Towers. The company earlier directly held 24.94 per cent stake and 23.01 per cent through its subsidiary Nettle Infrastructure.
This is pursuant to the composite scheme of amalgamation approved by the Hon'ble National Company Law Tribunal, Chandigarh bench, vide its order dated January 25, 2023 and becoming effective from February 1, 2023.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.
