[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 […]
Indus Towers releases pledge on over 3% shares held by Vodafone promoters – CNBC TV18
[ad_1] On Wednesday, December 4, 2024, Indus Towers Ltd announced the release of a pledge on 3.003% of shares held by Vodafone Plc in the company. This development follows Vodafone Plc’s announcement of its effective exit from its shareholding in Indus Towers, with plans to use the proceeds from the private placement of these 79.2 […]
Indus Towers Q2 Results | Net profit zooms 72% to ₹2,224 crore, revenue up 5% – CNBC TV18
[ad_1] Telecom infrastructure firm Indus Towers Ltd on Tuesday (October 22) reported a 71.7% year-on-year (YoY) jump in net profit at ₹2,223.5 crore for the second quarter that ended September 30, 2024. In the corresponding quarter of the previous fiscal, Indus Towers posted a net profit of ₹1,294.7 crore, the company said in a regulatory […]
Indus Towers clarifies on share price drop following Supreme Court’s AGR plea dismissal – CNBC TV18
[ad_1] Telecom infrastructure company Indus Towers Ltd on Thursday (September 19) issued a clarification regarding its recent share price fluctuations following the Supreme Court’s decision to reject pleas seeking recomputation of adjusted gross revenue (AGR) dues. “We wish to inform you that the Company is prompt in making all the material disclosures as required under […]
Indus Towers approves ₹2,640 crore share buyback at just 4% premium – CNBC TV18
[ad_1] Shares of Indus Towers Ltd. will be in focus on Wednesday after the company approved a buyback of its equity shares along with its June quarter results after market closing on Tuesday. The company has approved to buyback up to 5.67 crore equity shares or 2.1% of the total equity shares in the paid-up […]
Indus Towers Q1 Results | Net profit jumps 43% to ₹1,926 crore, revenue up 4% to ₹7,383 crore – CNBC TV18
[ad_1] Telecom infrastructure firm Indus Towers Ltd on Tuesday (July 30) reported a 42.9% year-on-year (YoY) jump in net profit at ₹1,925.9 crore for the first quarter that ended June 30, 2024. In the corresponding quarter, Indus Towers posted a net profit of ₹1,348 crore, the company said in a regulatory filing. The company’s revenue […]
Share Buyback: Indus Towers to consider first repurchase of stock after 2016 – CNBC TV18
[ad_1] Telecom infrastructure firm Indus Towers on Thursday (July 25) announced that its board of directors will consider a proposal for the buyback of fully paid-up equity shares during the scheduled board meeting on July 30, 2024. The last time Indus Towers had carried out a share buyback was back in June 2016, when the […]