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Indus Towers informs about acquisition

04 Feb 2025 Evaluate

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), Indus Towers has informed that the Company has entered into an agreement for acquisition of 26% of the equity share capital, on a fully diluted basis, in Amplus Tungabhadra, a special purpose vehicle (‘SPV’), for the purpose of owning and operating a Captive Power Plant, in accordance with the regulatory requirement for captive power consumption under electricity laws. The details as required under Regulation 30 of the Listing Regulations, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 are given in Annexure-I.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Bharti Airtel 1816.10
Vodafone Idea 14.45
Indus Towers 382.50
Tata Communications 1696.00
Railtel Corp. India 263.30
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