Indus Towers shares in focus after forming UAE-based subsidiary Indus Towers FZE for global expansionIndus Towers shares in focus after forming UAE-based subsidiary Indus Towers FZE for global expansion

Introduction

Leading telecom infrastructure firm incorporates a wholly owned subsidiary in the UAE, aiming to explore investment opportunities in African markets, including Nigeria, Uganda, and Zambia, with full ownership and cash capital.

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Share price movement of Indus Towers

On December 9, 2025, Indus Towers Ltd opened at ₹403.85, up 0.24% from its previous close of ₹402.25. The stock reached a high of ₹404.00 and a low of ₹396.75. By 11:45 AM, it traded at ₹401.30, down 0.24%, with a market cap of ₹1,05,869.47 crore.

Indus Towers Launches UAE Wholly Owned Subsidiary

Indus Towers Limited has incorporated a wholly owned subsidiary, Indus Towers FZE, in the United Arab Emirates. The entity was registered on December 8, 2025, at Dubai World Trade Centre.

Indus Towers FZE has a share capital of 300 shares of AED 1,000 each. The subsidiary will consider investments in African markets, starting with Nigeria, Uganda, and Zambia.

The acquisition is fully owned by Indus Towers Limited. The investment is made in cash at face value. No regulatory approvals are required, and the entity operates in commercial enterprises and management.

Stock performance of Indus Towers for Period of 1 week, 6 months, and 1 year

Indus Towers Ltd delivered a 0.26% gain over the past week. The stock gained 5.29% in the past six months and 11.3% over the past year.

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Shareholding pattern of Indus Towers

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	51.00%	50%	50%
FII	26.20%	27.50%	26.40%
DII	18.20%	18.20%	18.40%
Public	4.50%	4.30%	5.10%
Others	0.10%	0.10%	0.10%

About Indus Towers

Indus Towers Ltd (NSE: INDUSTOWER) is one of India’s largest telecom tower companies, providing tower and infrastructure sharing services to wireless service providers under long-term contracts across a wide network of towers and co-locations.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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