Bharti Infratel gets Delhi high court’s nod to merge its arm with Indus Towers

Indus Towers Ltd. | Telecommunication - Service Provider | Telecom | BSE: 534816 | NSE: INDUSTOWER

12 Jun 2013 Evaluate

Bharti Infratel has received approval from Delhi high court for scheme of arrangement for merger of ‘Bharti Infratel Ventures’, wholly owned subsidiary company with Indus Towers. The said merger has become effective from June 11, 2013.

Bharti Infratel is a provider of tower and related infrastructure. It is one of the largest tower infrastructure providers in India, based on the number of towers that Bharti Infratel owns and operates and the number of towers owned or operated by Indus, that are represented by Bharti Infratel’s 42% equity interest in Indus.

Peers

Company Name	CMP
Bharti Airtel	1866.00
Vodafone Idea	14.10
Indus Towers	384.00
Tata Communications	1772.80
Railtel Corp. India	264.85
View more..

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.