Indus Towers is gearing up for a significant board meeting on April 30, where it may explore exciting avenues to boost shareholder value, including a potential bonus issue, dividends, and debentures. This move reflects the company’s commitment to enhancing returns for its investors, as indicated in their recent exchange filing.
Potential Enhancements for Shareholders
The board’s upcoming discussion may include several strategies aimed at improving shareholder returns. Among the options being considered are:
- Bonus Issue
- Dividends
- Debentures
- Any other permissible combination
In light of this, the trading window for designated personnel will remain closed until May 2, ensuring that all decisions are made with integrity and transparency.
Historical Context of Dividends
Should Indus Towers opt for a bonus issue, it will mark a historic first since the company’s listing. The last dividend declared was in 2024, where shareholders received a payout of Rs 11 per share. Prior to that, a dividend was also distributed in May 2022. Currently, the company boasts a dividend yield of 2.77%, making it an attractive option for investors.
Indus Towers Share Price Surge
Following the announcement about the board meeting, Indus Towers saw a boost in its share price by 3%. On Monday, shares opened at Rs 407.65 and rose to Rs 409 by 1 PM on the National Stock Exchange.
The stock has been experiencing a strong upward trend, gaining 22% over the past month. For context, on March 28, 2025, shares were valued at Rs 334. Over the past year, the company has demonstrated resilience with its stock price climbing by 18%.
Impressive Financial Performance
In its most recent financial report, Indus Towers recorded a remarkable 32% increase in net profit during the fourth quarter of FY 24, totaling Rs 1853 crores. Consolidated revenues for the same quarter reached Rs 7193 crores, showcasing the company’s robust financial health and operational efficiency.
About Indus Towers
Indus Towers Limited stands as the largest telecom tower operator in India, managing an extensive network of 234,643 telecom towers across the country. The company was formed following the merger of Indus Towers and Bharti Infratel in 2020. It provides essential services to major telecom players, including Bharti Airtel, Reliance Jio, and Vodafone Idea.
This strategic meeting is anticipated to shape the future of Indus Towers and its relationship with shareholders, making it a pivotal moment in the company’s journey. Stay tuned for updates on their decisions and the subsequent impact on the market!
