About Indus Towers Limited 

Indus Towers Limited is India’s largest telecom tower infrastructure company, deploying, owning, operating and managing passive infrastructure that telecom operators share under long-term contracts. Incorporated on November 30, 2006, the Company received its certificate of commencement on April 10, 2007, listed its shares on December 28, 2012, and, following a scheme of amalgamation becoming effective on November 19, 2020, changed its name from Bharti Infratel Limited to Indus Towers Limited on December 10, 2020 . Indus offers a nationwide footprint across all 22 telecommunication circles, with operations present across 36 States and Union Territories in India  . Its offerings span traditional and innovative tower designs, in-building solutions (DAS and small cells), smart city infrastructure (such as smart poles), sustainable power solutions, site acquisition and space management, and 24×7 operations through its Tower Operations Centre; the Company also supports fibre-to-the-home and satellite broadband on the passive layer . As of March 31, 2025, Indus owned and operated 2,62,499 towers with 4,19,313 co-locations (including lean) across the country . The Company has 1 subsidiary as on March 31, 2025 .

Key milestones include the effective completion of the merger scheme and rebranding in 2020; the acquisition during 2024–25 of over 12,000 telecom towers and associated passive infrastructure assets from Bharti Airtel; and the Company’s classification under Ind AS as a subsidiary of Bharti Airtel with effect from November 19, 2024  .

Business Segments of Indus Towers Limited 

– Segment/vertical: Telecom tower passive infrastructure – 100 Per cent of turnover .

– Geography: Domestic (India) – 100 Per cent; International – Nil, as the Company currently serves only the Indian market .

Key Management of Indus Towers Limited 

– Dinesh Kumar Mittal, Chairman (Non-Executive Independent Director)

– Prachur Sah, Managing Director & CEO

– Vikas Poddar, Chief Financial Officer

– Samridhi Rodhe, Company Secretary & Compliance Officer

Latest Updates of Indus Towers Limited 

– Strategic portfolio expansion: Indus acquired over 12,000 towers and associated passive infrastructure from Bharti Airtel in 2024–25, adding macro and lean sites as well as COWs, and creating opportunities for increasing sharing on this portfolio .

– Energy sourcing initiatives: The Company entered a Power Purchase Agreement with JSW Green Energy Eight Limited for 130 MW of captive solar power, committing an equity investment of approximately Rs 38.03 crore for a 26 per cent stake; it also agreed to acquire 26 per cent in Amplus Tungabhadra Private Limited for a 50 MW captive solar plant for approximately Rs 27 crore. Both projects target completion by 2026, subject to approvals .

– Capital action: A buyback of up to 56.77 million equity shares at Rs 465 per share, approved on July 30, 2024, was successfully completed during Q2FY25 .

– Ownership and governance changes: Following Vodafone promoters’ exit, Indus became a subsidiary of Bharti Airtel under Ind AS from November 19, 2024; the Company also appointed Dinesh Kumar Mittal as Chairman effective April 01, 2024, and added other directors during the year .

– Recognitions: Indus won Innovative Company of the Year at the ET Telecom Awards 2025 and the Excellence in Telecom Infrastructure (Editor’s Choice) at the ABP LIVE India Infrastructure Conclave 2024; it also received the Gallup Exceptional Workplace Award for the 12th time .