Bharti Airtel announced on Monday that its board has approved the acquisition of an additional 5 percent stake in its telecom infrastructure subsidiary, Indus Towers. As of September 30, Bharti Airtel held a 51.03 percent stake in Indus Towers.
In a regulatory filing, the company clarified that the acquisition will not be classified as a related-party transaction. “A Special Committee of Directors has granted enabling approval for the acquisition of up to 5 percent additional stake in Indus Towers Limited, a subsidiary company, in one or more tranches over a period of time,” the company stated.
Based on the closing price of Indus Towers shares at Rs 382.70 on the Bombay Stock Exchange (BSE) on Monday, the 5 percent stake is valued at over Rs 5,000 crore. The acquisition is contingent upon prevailing market conditions, including liquidity and price considerations, along with compliance with applicable laws.
As of September 30, public shareholders, including mutual funds and the Life Insurance Corporation of India, held a combined 48.93 percent stake in Indus Towers. In December 2024, Vodafone sold its 3 percent stake in Indus Towers for approximately Rs 2,800 crore, marking its exit from the company.
Indus Towers shares closed at Rs 382.70 per share on Monday.
Published on November 3, 2025.
