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Indus Towers gets nod to incorporate wholly owned subsidiary in Gujarat

22 Jan 2026 Evaluate

Indus Towers has received approval for the incorporation of a Wholly Owned Subsidiary (WOS) in Gujarat International Finance Tec-City (GIFT City), Gujarat, India. The proposed WOS will, inter-alia, function as an investment holding company for the Company’s overseas subsidiaries and will also undertake treasury functions and other related activities permitted under the IFSC framework for the Company and its subsidiaries. The Committee of Directors (duly authorized Committee of the Board) in its meeting held on January 22, 2026 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 1786.90
Vodafone Idea 14.25
Indus Towers 374.25
Tata Communications 1668.40
Railtel Corp. India 260.30
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