Indus Towers Share Price Latest News: Gurugram-headquartered Indus Towers’ board is scheduled to meet on Wednesday, April 30, to consider the company’s financial results for the quarter as well as the year ended March 31, 2025. The private sector infrastructure provider’s board will also consider proposals on corporate actions including dividend and bonus shares.
Indus Towers board to meet to April 30 to consider earnings, bonus, dividend…
The telecom infra firm’s board is set to meet on April 30 to consider “viable options and strategies for enhancing shareholder returns” through means including buyback, bonus, debentures or dividend, or “any other permissible mode or instrument or any combination thereof”, according to a regulatory filing issued on Sunday.
The trading window for dealing in the company’s stock will remain closed for the company’s designated persons till Friday, May 2, it noted.
“The trading window shall be deemed to be closed in respect of the aforementioned purposes as well, in accordance with applicable laws,” said Indus Towers in its filing.
Indus Towers Share Price News Today
The Indus Towers stock—traded with the symbol INDUSTOWER on stock exchanges BSE and NSE—gained by as much as Rs 14.85, or 3.7 per cent, to Rs 411.4 during Monday’s session.
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At these levels, Indus Towers shares have rewarded investors with a return of almost 19 per cent so far in 2025, outperforming a 2.5 per cent gain in the headline Nifty 50 index. The S&P BSE Telecom index declined 0.2 per cent during this period.
Indus Towers dividend and bonus history
The telecom infra provider announced its last dividend in May 2022. That dividend was worth Rs 11 per equity share.
Since its listing in 2012, Indus Towers has not announced a bonus. If its board clears a bonus in the upcoming meeting, it will be its first bonus as a listed company.
Indus Towers share buyback history
In 2024, Indus Towers conducted its first share buyback since 2016. In other words, if the company’s board approves a buyback plan on April 30, it will be its first such corporate action announcement in about eight months.
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