However, the announcement failed to excite investors. Market participants flagged potential challenges including regulatory hurdles, political instability, economic volatility, and currency fluctuations across African nations. Analysts also pointed out that managing operations across multiple geographies could inflate costs, strain resources, and complicate compliance.
Indus Towers has not declared a dividend since May 2022, citing pending dues from its key client Vodafone Idea. Earlier this year, expectations of a bonus issue or share buyback were also dampened after the company postponed its May board meeting, adding to investor concerns.
Indus Towers provides tower and related infrastructure and deploys, owns and manages telecom towers and communication structures for various mobile operators. As on June 2025, Bharti Airtel owned 50% stake in the company.
The company reported 9.8% fall in consolidated net profit to Rs 1,736.8 crore in Q1 FY26 from Rs 1,925.9 crore recorded in Q1 FY25. Revenue from operations, however, increased by 9.1% YoY to Rs 8,057.6 crore in the June’25 quarter.
"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."