Indus Towers Limited has informed the Exchange regarding incorporation of step down subsidiaries in Nigeria and Zambia

Indus Towers has informed the stock exchange about incorporating new step-down subsidiaries in Nigeria and Zambia. Step-down subsidiaries are companies set up through an existing subsidiary rather than directly by the parent company. No financial details, investment size, or timelines were disclosed in this filing. This move signals the company's intent to expand its telecom tower infrastructure business into African markets. Indus Towers is a major tower infrastructure provider in India, jointly owned by Bharti Airtel, Vodafone Group, and others, and the African expansion may be linked to serving existing client relationships across the continent.