Company Profile

INDUS TOWERS LTD.

NSE : INDUSTOWERBSE : 534816ISIN CODE : INE121J01017Industry : Telecommunication - Service ProviderHouse : Bharti
BSE256.65-7.2 (-2.73 % )
PREV CLOSE (Rs.) 263.85
OPEN PRICE (Rs.) 266.40
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 200121
TODAY'S LOW / HIGH (Rs.)255.25 267.80
52 WK LOW / HIGH (Rs.)149.55 282
NSE256.75 -7 (-2.65 % )
PREV CLOSE(Rs.) 263.75
OPEN PRICE (Rs.) 263.75
BID PRICE (QTY) 256.75 (939 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 3101583
TODAY'S LOW / HIGH(Rs.) 255.15 267.90
52 WK LOW / HIGH (Rs.)149.5 282.65

Company News

Date Heading Details
12-Mar-2021 Indus Towers observes safety week across 22 circles in India <p align="justify">Indus Towers has observed the 50th National Safety Week from March 04 to 10, 2021 at all its 22 circles. The observance of the week included a host of high impact programs such as partnering with traffic police departments in many districts and cities across North, South, East and West regions.<p align="justify">Together with the traffic police personnel, Indus Towers conducted lectures on road safety addressing general public in these circles. Inspection of vehicles were also undertaken at various clusters and zonal locations. Indus also organized road safety training, particularly Defensive Driver Training (DDT) for its Field Team in all the circles.<p align="justify">Indus Towers is a telecom tower infrastructure service provider that deploys, owns and manages telecom towers and communication structures, for various mobile operators. </p>
29-Jan-2021 Intimation W.R.T. Grant Of Stock Options Pursuant to Regulation 30 of Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 and in terms of the provisions of SEBI (Share Based Employee Benefits) Regulations, 2014, we hereby notify that on January 28, 2021, HR, Nomination and Remuneration Committee approved the performance-based grants under the ESOP Scheme 2014 to the eligible employees of the Company. Further, pursuant to the provisions of Regulation 19(4) of Listing Regulations, on the recommendation of HR, Nomination and Remuneration Committee, Board, in its meeting held on January 28, 2021, has also approved the grants to the eligible employees falling in the category of Senior Management.
28-Jan-2021 Corporate Action-Board approves Dividend Pursuant to the provisions of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we are pleased to inform you that the Board of Directors ('Board') of the Company in its meeting held today i.e., January 28, 2021 (commenced at 02:50 p.m. (IST) and concluded at 07:45 p.m. (IST)) has declared 2nd Interim Dividend (Special) of Rs. 17.82/- (Rupees Seventeen and Eighty Two Paise Only) per equity share of Rs. 10/- each for the financial year 2020-2021. Also in terms of Regulation 42 of the Listing Regulations, the Board has fixed Tuesday, February 9, 2021, as the 'Record Date' for the purpose of ascertaining the eligibility of shareholders for the payment of 2nd Interim Dividend (Special). The payment of interim dividend/dispatch of dividend warrants will be done on or before February 27, 2021.
28-Jan-2021 Intimation Of Record Date Pursuant to the provisions of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we are pleased to inform you that the Board of Directors ('Board') of the Company in its meeting held today i.e., January 28, 2021 (commenced at 02:50 p.m. (IST) and concluded at 07:45 p.m. (IST)) has declared 2nd Interim Dividend (Special) of Rs. 17.82/- (Rupees Seventeen and Eighty Two Paise Only) per equity share of Rs. 10/- each for the financial year 2020-2021. Also in terms of Regulation 42 of the Listing Regulations, the Board has fixed Tuesday, February 9, 2021, as the 'Record Date' for the purpose of ascertaining the eligibility of shareholders for the payment of 2nd Interim Dividend (Special). The payment of interim dividend/dispatch of dividend warrants will be done on or before February 27, 2021.
25-Jan-2021 Corporate Action-Board to consider Dividend Further to our letter dated January 17, 2021 and pursuant to the provisions of Regulation 29(1)(e) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, notice is hereby given that the Board of Directors of the Company will, inter-alia, consider the declaration of 2nd Interim Dividend for the Financial Year 2020-2021. As per the Company's Internal Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons, Trading Window for dealing in the securities of the Company has already been closed from December 29, 2020 (Tuesday) till January 30, 2021 (Saturday) (both days inclusive).
13-Jan-2021 Appointment Of Chief Financial Officer Pursuant to the provisions of Regulation 30 of Listing Regulations, we wish to inform you that on the recommendation of HR, Nomination and Remuneration Committee and approval of Audit & Risk Management Committee, Board of Directors of the Company, in its meeting held today i.e. January 12, 2021 has appointed Mr. Vikas Poddar as Chief Financial Officer and Key Managerial Personnel of the Company w.e.f. January 12, 2021, in accordance with the provisions of Section 203 of the Companies Act, 2013. Pursuant to Listing Regulations read with SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015, details relating to the appointment of Chief Financial Officer are enclosed as Annexure A.
11-Jan-2021 Outcome Of The Postal Ballot/E-Voting In furtherance to our intimation dated December 9, 2020 w.r.t. postal ballot/ e-voting conducted by the Company, please find enclosed the following: 1. Voting results under Regulation 44 of Listing Regulations enclosed as Annexure-A. All resolutions as stated in the Notice of Postal Ballot/ E-voting dated November 19, 2020 have been approved with requisite majority. 2. Scrutinizer's Report dated January 10, 2021 pursuant to Section 108 and 110 of the Companies Act, 2013 enclosed as Annexure-B. 3. Shareholders have approved the amendment in Articles of Association of the Company (AOA). As per Regulation 30, Part A of Schedule III of Listing Regulations, the amended AOA is enclosed as Annexure-C. 4. Shareholders have approved the appointment of Mr. Bimal Dayal as Director liable to retire by rotation and Managing Director & CEO of the Company for a period of five years w.e.f. January 8, 2021. Details as required under Regulation 30 of Listing Regulations is enclosed as Annexure-D.
15-Dec-2020 Bharti Infratel rises on the BSE <p align="justify">Bharti Infratel is currently trading at Rs. 247.35, up by 0.85 points or 0.34%, from its previous closing of Rs. 246.50 on the BSE.<p align="justify">The scrip opened at Rs. 246.00 and has touched a high and low of Rs. 248.15 and Rs. 244.15 respectively. So far 159143 shares were traded on the counter.<p align="justify">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 262.80 on 20-Dec-2019 and a 52 week low of Rs. 121.25 on 19-Mar-2020.<p align="justify">Last one week high and low of the scrip stood at Rs. 252.85 and Rs. 227.00 respectively. The current market cap of the company is Rs. 66295.45 crore.<p align="justify">The promoters holding in the company stood at 53.51%, while Institutions and Non-Institutions held 45.21% and 1.28% respectively.<p align="justify">Bharti Infratel has received approval from the Registrar of Companies (RoC) for changing its name to Indus Towers, following the recent merger of the two companies to create a mega tower entity. The company has initiated due process for final approval from stock exchanges for updating the name change.<p align="justify">Bharti Infratel is a provider of tower and related infrastructure, and deploys, owns and manages telecom towers and communication structures for various mobile operators.</p>
14-Dec-2020 Bharti Infratel gets nod from RoC for change of name to Indus Towers post mega merger <p align="justify">Bharti Infratel has received approval from the Registrar of Companies (RoC) for changing its name to Indus Towers, following the recent merger of the two companies to create a mega tower entity. The company has initiated due process for final approval from stock exchanges for updating the name change.</p><p align="justify">Bharti Infratel is a provider of tower and related infrastructure, and deploys, owns and manages telecom towers and communication structures for various mobile operators.<br></p>
14-Dec-2020 Bharti Infratel jumps on the BSE <p align="justify">Bharti Infratel is currently trading at Rs. 248.55, up by 3.65 points or 1.49% from its previous closing of Rs. 244.90 on the BSE.<p align="justify">The scrip opened at Rs. 245.10 and has touched a high and low of Rs. 252.85 and Rs. 245.10 respectively. So far 368041 shares were traded on the counter.<p align="justify">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 262.80 on 20-Dec-2019 and a 52 week low of Rs. 121.25 on 19-Mar-2020.<p align="justify">Last one week high and low of the scrip stood at Rs. 252.85 and Rs. 227.00 respectively. The current market cap of the company is Rs. 67535.12 crore.<p align="justify">The promoters holding in the company stood at 53.51%, while Institutions and Non-Institutions held 45.21% and 1.28% respectively.<p align="justify">Bharti Infratel has received approval from the Registrar of Companies (RoC) for changing its name to Indus Towers, following the recent merger of the two companies to create a mega tower entity. The company has initiated due process for final approval from stock exchanges for updating the name change.<p align="justify">Bharti Infratel is a provider of tower and related infrastructure, and deploys, owns and manages telecom towers and communication structures for various mobile operators.</p>