Merger of Indus Towers and Bharti Infratel completed

The merger of Indus Towers Limited and Bharti lnfratel Limited has been completed.

The combined entity, to be renamed as Indus Towers limited is listed on the National Stock Exchange of India Limited and BSE Limited.

Upon implementation of the scheme, the aggregate shareholding of the Bharti Airtel (along with Nettle Infrastructure Investments Limited, a wholly-owned subsidiary) in the combined entity shall be changed from 53.51% to 36.73%.

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