Indus Towers Limited has informed the Exchange regarding Business Responsibility and Sustainability Report for the Financial Year 2024-25
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Indus Towers has informed the exchanges about its 19th Annual General Meeting scheduled for Friday, August 29, 2025, at 3:30 PM IST via video conferencing. The AGM will consider adoption of the FY2024-25 audited standalone and consolidated financial statements, re-appointment of two directors retiring by rotation (Mr. Prachur Sah and Mr. Harjeet Singh Kohli), and appointment of M/s. Makarand M. Joshi & Co. as Secretarial Auditors for a five-year term (FY2025-26 to FY2029-30). Key resolutions include shareholder approval for material related party transactions with promoter Bharti Airtel Limited (capped at ₹25,000 crore per financial year) and fellow subsidiary Bharti Hexacom Limited (capped at ₹2,200 crore per financial year), as well as commission to non-executive directors of up to 1% of net profits, not exceeding ₹7.5 crore in aggregate per year. The Integrated Annual Report and BRSR for FY2024-25 have been dispatched electronically, with the remote e-voting window open from August 25 (9:00 AM) to August 28, 2025 (5:00 PM), and the voting cut-off date set as August 22, 2025.
The proposed related party transaction limits with Bharti Airtel (₹25,000 crore) and Bharti Hexacom (₹2,200 crore) are significant since Bharti Airtel is Indus Towers' promoter and largest customer, making this a routine but large-scale governance matter for shareholders to approve. The cap on director commission (₹7.5 crore) is incremental disclosure; overall, the AGM is largely procedural with no major strategic shifts announced.