Indus Towers Buyback 2024 Record Date, Price & Ratio Details

Indus Towers of ₹2,640 crores approved by the board of directors at the meeting was held on July 30, 2024. Indus Towers will be done via the Tender Offer route through the stock exchange mechanism. The board of directors of the company approved the buyback by the Company of its fully paid-up equity shares having a face value of ₹10 each equity share at a price of ₹465 per Equity Share and for an aggregate amount not exceeding ₹2,640 crores from the shareholders. Check out Indus Towers Buyback 2024 details below:

Indus Towers Limited, one of the biggest telecom tower companies in the world was created by the merger of Bharti Infratel Limited and Indus Towers. Since June 30, 2024, it had more than 225,910 towers and 374,928 co-locations across India’s 22 telecom circles. It is a necessary component for millions of people’s daily communication. Notable customers include Reliance Jio Infocomm Limited, Vodafone Idea Limited, and Bharti Airtel. Indus Towers, committed to “Putting India First and Connecting Lives Across the Nation,” offers solutions to increase the efficiency and sustainability of tower operations. These solutions include tower mounting, constant power supply, telecom equipment housing, smart cities, NextGen sites, and green technology.

Indus Towers History

• N/A

Indus Towers Buyback 2024 Dates

Indus Towers Buyback 2024 Offer Details

Indus Towers of 56,774,193 equity shares at a price of ₹465 per equity share. The buyback offers not to exceed ₹2,640 crores of the total buyback offer size.

Indus Towers Buyback 2024 Acceptance Ratio

The investor should buy around 430 shares at a current market price of ₹426 (as of date). The calculation will be ₹2,00,000 / ₹465 buyback price = 430 shares.

Indus Towers Financial Report

How to Participate in Indus Towers Buyback 2024

The investors are eligible for the buyback scheme who have Indus Towers shares in their Demat Account as the Record Date. Eligible Share Holders can participate in the Indus Towers Buyback 2024 scheme as per the opening form by selling their shares. The payment will be given as per the Indus Towersepted shares by the company under the Indus Towers scheme.

Indus Towers Buyback 2024 Registrar

Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

Indus Towers Buyback 2024 Lead Managers

• Axis Capital Limited

Indus Towers Company Address

Indus Towers Limited
Building No. 10, Tower A,
4th Floor, DLF Cyber City
Gurugram-122002,
Phone: +91 -124-4296766
Email: [email protected]
Website: https://www.industowers.com/

How to Apply the Indus Towers through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on Corporate Actions. You will see the Company Name “Indus Towers”. Click on Place Order. Enter your Quantity and submit Indus Towers Application Form.

How to Apply the Indus Towers through Upstox?

Log in to Upstox Application with your credentials. Select the Indus Towers. You will see the Company Name “Indus Towers”. Click on Indus Towers Stock for Buyback. Enter your Quantity and submit Indus Towers Application Form.

How to Apply the Indus Towers through Indus Towers Paytm Money?

Log in to Paytm Money Application with your credentials. Select the Indus Towers. Enter your Quantity and submit Indus Towers Application Form.

Indus Towers Buyback 2024 FAQs