Indus Towers has incorporated a wholly-owned subsidiary in Gujarat International Finance Tec-City (GIFT City) as part of its strategic expansion initiative. The new entity, named Indus Towers Global Ventures IFSC Limited, received its Certificate of Incorporation on April 28, 2026, as disclosed under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Subsidiary Details

The newly incorporated subsidiary has an authorized share capital of 20,00,000 equity shares of ₹10 each, aggregating to ₹2,00,00,000. The company holds 100% shareholding in Indus Towers Global Ventures IFSC Limited, making it a wholly-owned subsidiary and a related party to Indus Towers.

Operational Focus

The GIFT City unit will function as an investment holding company for Indus Towers' overseas subsidiaries and undertake treasury functions. The subsidiary will also engage in other related activities permitted under the IFSC framework for the company and its subsidiaries.

Strategic Purpose

The establishment of the GIFT City subsidiary aligns with Indus Towers' strategy to strengthen its international business operations and financial management capabilities. By operating within the specialized International Financial Services Centre framework, the company gains enhanced capabilities to manage international business activities and treasury operations more effectively. The subsidiary is yet to commence business operations.

Indus Towers Limited has notified the stock exchanges that a meeting of its Board of Directors is scheduled to be held on Thursday, April 30, 2026. The primary agenda of this meeting is to consider and approve the audited financial results for the fourth quarter (Q4) and the financial year ended on March 31, 2026. The approval will cover both standalone and consolidated financial statements of the company.

The announcement was made in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has addressed the communication to both BSE Limited and the National Stock Exchange of India Limited, providing the necessary intimations regarding the upcoming board meeting.

Trading Window Closure

In continuation of the company's earlier communication dated March 24, 2026, regarding the closure of the trading window, Indus Towers has informed that the trading window for dealing in shares of the company will remain closed for all designated persons. This closure will remain in effect until Saturday, May 2, 2026, in accordance with regulatory requirements.

Earnings Conference Call

Indus Towers Limited will conduct an earnings/conference call for interested parties on Friday, May 1, 2026, from 2:30 pm to 3:30 pm IST. Members of the senior management will present an overview of the performance of the company and shall respond to queries of the participants. The call timing corresponds to 5:00 pm in Singapore and Hong Kong, 10:00 am in UK (London) and 5:00 am in USA (Eastern Standard Time).

All participants are required to register through the provided link to generate their unique pin for entry into the conference call. Post registration, participants will receive an email with their participation details including the Conference Participant Code, Unique Pin, Dial-in Numbers and Calling Instructions. The audio recording of the call and the transcript would be available on the company's website by May 1 and May 8, respectively.

Key Meeting Details

The notice was signed by Samridhi Rodhe, Company Secretary & Compliance Officer of Indus Towers Limited, on April 23, 2026. The company has requested the exchanges to take the above information on record.

Source: Company/INE121J01017/1acee065b61847ee.pdf