[ad_1] The street is now getting increasingly hopeful of a big dividend announcement from Indus Towers Ltd. after a marked improvement in its financial performance from the December quarter. Company Value Change %Change The company’s profits and margins saw a jump compared to the same quarter last year due to the reversal of doubtful debts […]
Indus Towers will return excess cash to shareholders, shares timeline on Vodafone Idea dues – CNBC TV18
[ad_1] Indus Towers Ltd. plans to return excess cash to shareholders once the pending dues from Vodafone Idea are cleared. Company Value Change %Change The company, in a meeting with brokerage firm JPMorgan, said that it has no plans to clear its own pending dues as it is comfortable with its leverage situation and therefore, […]
How much dividend can Indus Towers pay shareholders post clearing of its dues? – CNBC TV18
[ad_1] Analysts who have coverage on tower company Indus Towers Ltd. believe that the company can pay a special dividend to its shareholders once its past dues are cleared by Vodafone Idea. Company Value Change %Change Vodafone Plc will be selling its remaining 3% stake in Indus Towers through a block deal and the proceeds […]