Indus Towers Limited — JV/Acquisition, 19-12-2025: Acquisition

Indus Towers has established a new 100% owned step-down subsidiary, Indus Towers Management FZE, in the UAE. This entity, capitalized with approximately 0.68 Cr, marks a strategic geographic expansion for Indus Towers. The subsidiary will focus on exploring investment opportunities in key African markets like Nigeria, Uganda, and Zambia. This move signals Indus Towers' intent to broaden its footprint and tap into new growth frontiers beyond its current operational base, potentially enhancing its long-term market presence.