The sale is part of a broader cash deal announced in February, under which Indus Towers agreed to acquire 12,700 towers from Bharti Airtel and another 3,400 from Hexacom

In sum – what to know:

Shareholders back Indus sale – 88.28% of Bharti Hexacom shareholders approved selling 3,400 towers to Indus Towers, clearing a deal previously stalled by valuation disputes.

Part of larger Airtel deal – The transaction is tied to a broader INR33.087 billion agreement where Indus will acquire 16,100 towers from Bharti Airtel and Hexacom combined.

Valuation questions unresolved – TCIL initially blocked the sale over pricing concerns, and it’s still unclear if the original INR11.34 billion valuation of Hexacom’s assets was adjusted.

Bharti Hexacom , a subsidiary of Indian telecom group Bharti A

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