Vodafone Idea Limited’s equity stake in Indus Towers Limited (“Indus”)

Vodafone Idea Limited’s equity stake in Indus Towers Limited (“Indus”)       Further to our communication dated 24 April 2020 in relation to the merger of Indus (in which the Company is holding 11.15% equity stake) with Bharti Infratel Limited (“Merger”), we hereby wish to inform that the parties have agreed to further extend the extended Long Stop Date of 24 June 2020 to 31 August 2020, so as to complete the remaining conditions precedent including the pre-closing adjustments. The consummation of the Merger is subject to mutual agreement…

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