Business Update28 Aug 2024, 11:24 pm
Bajaj Holdings & Investment Acquires Shares in Indus Towers Limited for Rs. 8.91 Crore
AI Summary
Bajaj Holdings & Investment Ltd. (BHIL) has acquired shares in Indus Towers Limited on 28th August 2024. The cost of acquisition was Rs. 8.91 Crore. This acquisition marks BHIL's entry into the telecommunications infrastructure sector. The acquired shares represent 0.0074% of Indus Towers Limited's total shareholding.
Key Highlights
- Bajaj Holdings & Investment Ltd. (BHIL) has acquired shares in Indus Towers Limited.
- The cost of acquisition was Rs. 8.91 Crore.
- This acquisition marks BHIL's entry into the telecommunications infrastructure sector.
- The acquired shares represent 0.0074% of Indus Towers Limited's total shareholding.
- The acquisition was made in the ordinary course of BHIL's business through stock acquisition exchanges.