Bharti Airtel gets board nod to acquire up to 5% additional stake in Indus Towers

Telecom major Bharti Airtel Ltd on Monday said its Special Committee of Directors has granted approval to acquire up to an additional 5% stake in Indus Towers Ltd, a move aimed at consolidating its holding in the critical telecom infrastructure firm.

In a filing to the exchanges, Airtel said the authorisation enables the company to purchase the stake “in one or more tranches over a period of time,” depending on market conditions, liquidity, and price considerations, and in compliance with applicable

laws.

“Given Indus Towers’ strategic importance, it is prudent for the parent company, Bharti Airtel, to continuously evaluate opportunities for consolidation while maintaining cash flow requirements for business capital expenditure and dividend payments,” the company said.

Indus Towers, one of India’s largest passive telecom infrastructure providers, plays a key role in supporting network expansion across the country.

The company said any acquisition under this enabling approval, if and when executed, will depend on prevailing market conditions — including liquidity and pricing.

The announcement came hours after Bharti Airtel reported a 14.2% sequential rise in net profit to ₹6,791 crore for the July–September quarter (Q2 FY26), beating analyst estimates.

Also Read: Bharti Airtel Q2 Results: Profit climbs 14% QoQ, tops estimates; ARPU rises to ₹256

The company also posted revenue of ₹52,145 crore, up 5.4% quarter-on-quarter, driven by consistent growth in its India mobile and enterprise businesses.

Shares of Bharti Airtel closed 1.1% higher at ₹2,077 on the NSE ahead of the announcements.