Indus Towers Limited — JV/Acquisition, 08-12-2025: Acquisition

Indus Towers has incorporated "Indus Towers FZE," a wholly-owned subsidiary in the United Arab Emirates. With an initial share capital of AED 300,000, this strategic move aims to expand the company's investment footprint. The new entity is specifically set to explore investment opportunities in African markets, with an initial focus on Nigeria, Uganda, and Zambia. This incorporation signals Indus Towers' entry into new geographies, pointing towards broader international growth and diversification that could enhance future operational scale.