Bajaj Holdings & Investment Acquires Shares in Indus Towers Limited for Rs. 37.91 Crore

Bajaj Holdings & Investment Ltd. (BHIL) has acquired shares in Indus Towers Limited, a leading telecom tower company, for a total cost of Rs. 37.91 Crore. The acquisition took place on 29th August 2024, with 0.0315% shareholding acquired cumulatively up to the date. The acquisition is an investment in the ordinary course of business and does not involve any related party transactions. No governmental or regulatory approvals were required for the acquisition. Indus Towers Limited operates in the telecom industry and has a significant presence in the market. The acquisition is expected to contribute to BHIL's growth and diversify its investment portfolio.