Bharti Airtel’s Rs 5,000 crore stake move! Telecom major buys more shares of Indus Towers - Details

l Stake in Indus Towers: As of September 30, Bharti Airtel holds a 51.03 per cent stake in Indus Towers. The company, in an exchange filing, however, said that "acquisition doesn't fall within related party transaction(s)". Airtel further stated that the acquisition will be subject to prevailing market conditions, including liquidity and price considerations, as well as compliance with applicable laws Stake in : The board of directors of Sunil Mittal-led on Monday, November 3, approved the of an additional 5 per cent stake in its telecom infrastructure subsidiary Indus Towers. As of September 30, Bharti Airtel holds a 51.03 per cent stake in . The company, in an exchange filing, however, said that "acquisition doesn't fall within related party transaction(s)". "...we wish to inform that a Special Committee of Directors, a duly authorized Committee by the Board of Directors of the Company,