Introduction
Leading telecommunications infrastructure company has incorporated two wholly owned subsidiaries in the UAE to explore investment opportunities in African markets, including Nigeria, Uganda, and Zambia, with initial share capital in cash.
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Share price movement of Indus Towers
On December 19, 2025, Indus Towers Ltd (INDUSTOWER) opened at ₹409.55, up 0.22% from its previous close of ₹408.65. The stock reached a high of ₹413.55 (1.21%) and a low of ₹408.40. By 10:21 AM, it traded at ₹410.30, a 0.40% increase, with a market cap of ₹1,08,243.82 crore.
Indus Towers Forms Two UAE Subsidiaries
Indus Towers Limited has incorporated two wholly owned subsidiaries in the UAE, namely Indus Towers Investment FZE and Indus Towers Ventures FZE. Certificates of Incorporation were issued on December 18, 2025.
Both subsidiaries have an initial share capital of 300 shares of AED 1,000 each. They are step-down wholly owned subsidiaries and are considered related parties of Indus Towers Limited.
The new entities will explore investments in African markets, starting with Nigeria, Uganda, and Zambia. Business operations have not yet commenced, and contributions to share capital will be made in cash.
Stock performance of Indus Towers for Period of 1 week, 6 months, and 1 year
Indus Towers Ltd delivered a -1.55% return over the past week. The stock gained 1.10% in the past six months and rose 18.0% over the past year.
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Shareholding pattern of Indus Towers
| Particulars | Sep 2025 | Jun 2025 | Mar 2025 |
| Promoter | 51.00% | 50.00% | 50.00% |
| 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 a leading telecom tower company in India, providing tower infrastructure and co-location services to wireless operators under long-term contracts, operating one of the largest tower networks nationwide.
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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.
FAQs
Q: Why is Indus Towers Ltd share price going up today?
A: Indus Towers Ltd share price is rising after setting up two wholly owned subsidiaries in UAE for African market investments.
Q: What does Indus Towers Ltd specialize in?
A: Indus Towers Ltd specializes in setting up, operating, and maintaining telecom towers and providing co-location services to wireless operators.
Q: What is the market capitalization of Indus Towers Ltd?
A: The market capitalization of Indus Towers Ltd is ₹1,08,243.82 crore as of December 19, 2025.
