The telecom operator earlier directly held 24.94 per cent stake and 23.01 per cent through its subsidiary Nettle<\/a> Infrastructure.
Bharti Airtel has acquired the 23.01 per cent stake of Indus Towers from Nettle<\/a> to directly own 47.95 per cent in the mobile tower firm.
This is pursuant to the \"composite scheme of amalgamation approved by the Hon'ble National Company Law Tribunal, Chandigarh bench, vide its order dated January 25, 2023 and becoming effective from February 1, 2023\", the filing said.<\/body>","next_sibling":[{"msid":97616658,"title":"Govt\u2019s equity pick may help Vodafone Idea refinance debt","entity_type":"ARTICLE","link":"\/news\/govts-equity-pick-may-help-vodafone-idea-refinance-debt\/97616658","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":97617396,"entity_type":"ARTICLE","title":"Bharti Airtel acquires 23 pc stake in Indus Towers held by subsidiary Nettle Infra","synopsis":"Bharti Airtel has acquired the 23.01 per cent stake of Indus Towers from Nettle to directly own 47.95 per cent in the mobile tower firm.","titleseo":"telecomnews\/bharti-airtel-acquires-23-pc-stake-in-indus-towers-held-by-subsidiary-nettle-infra","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":702,"shares":0,"engagementtimems":3142000},"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2023-02-05 10:36:44","lastupd":"2023-02-05 10:39:06","breadcrumbTags":["Bharti Airtel","nettle","indus towers","Nettle Infrastructure","industry"],"secinfo":{"seolocation":"telecomnews\/bharti-airtel-acquires-23-pc-stake-in-indus-towers-held-by-subsidiary-nettle-infra"}}" data-news_link="//www.iser-br.com/news/bharti-airtel-acquires-23-pc-stake-in-indus-towers-held-by-subsidiary-nettle-infra/97617396">