Bharti Airtel to Raise Stake in Indus Towers by Up to 5%

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's special committee of directors has approved increasing its stake in Indus Towers by up to 5%, to be acquired in phases based on market conditions and regulatory clearances. Airtel currently holds 51.03% as of the September quarter and views greater ownership in Indus Towers as a strategic move while balancing liquidity and dividend obligations. Indus Towers’ shares gained over 5% after the Supreme Court’s clarification on Vodafone Idea’s AGR dues, which analysts see as a positive for dividend resumption prospects.