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The Combined Company is listed on the National Stock Exchange of India and the Bombay Stock Exchange and it will in due course be renamed Indus Towers Limited. Vodafone has been issued with 757.8 million shares in the Combined Company in exchange for its 42% shareholding in Indus Towers which is equivalent to a 28.1% shareholding in the Combined Company.
Apr 24, 2024 · Following the development, Indus Towers shares fell 1.93 per cent to hit a low of Rs 352.70. Vodafone Idea declined 5.42 per cent to hit a low of Rs 13.61. Bharti Airtel was up 0.39 per cent at Rs ...
The company estimated a 32% increase in monetary benefit from the success of ideas generated from the Incubator since the inception of this programme in 2011. There has been a 26% increase in the submission of new ideas as well. At Indus Towers, we believe that sustainability is the key to success. Our unique mobile tower designs help us create ...
Jun 22, 2024 · While Indus Towers has released a pledge on a significant portion of Vodafone's stake, enabling an 18% sale, it retains a secondary pledge on the remaining 3.06%. This move stems from a security agreement established during the merger of Bharti Infratel and Indus Towers, wherein Vodafone's stake served as collateral for a $1.4 billion loan taken in 2019 to finance participation in Vodafone Idea's rights issue.
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Registered & Corporate Office: Building No. 10. Tower-A, 4th Floor, DLF Cyber City. Gurugram 122 002 (Haryana) Phone: +91 124 4296766. Fax: +91 124 4289333. Stay up to date with a detailed account of the company's quarterly to year performance and decisions on our Investor Relations page. Visit the link now.
Apr 3, 2024 · Indus Towers is likely to see $189 million in passive inflows, while Sundaram Finance could attract inflows worth $174 million and Solar Industries India may see $164 million in inflows.
