According to the company’s regulatory filing with NSE and BSE, the e-voting period ran from February 15, 2025, to March 16, 2025, with the results declared on March 18, 2025.
Bharti Airtel stated that the approval marks a crucial step in its strategic initiatives, allowing it to streamline its business operations and enhance focus on core telecom services.Earlier in February, Bharti Airtel Ltd and Bharti Hexacom Ltd finalised a deal
to transfer 16,100 telecom towers to Indus Towers Ltd through a slump sale.Under the agreement, Bharti Airtel will sell around 12,700 towers for up to ₹2,174.6 crore, while Bharti Hexacom will transfer approximately 3,400 towers for up to ₹1,134.1 crore, bringing the total transaction value to ₹3,308.7 crore.
The deal is expected to improve capital efficiency while enabling Indus Towers to further strengthen its position as a leading telecom infrastructure provider in India.
Ahead of the announcement, Bharti Airtel shares closed at ₹1,628.15 on the BSE, down 0.69%, while Indus Towers ended nearly 2% higher.
The voting was conducted under Regulation 44 of SEBI Listing Regulations, with CL & Associates, Company Secretaries, serving as the scrutiniser.
The company has made the scrutiniser’s report and detailed voting results available on its official website and the KFin Technologies e-voting portal.
