India, Jan. 22 -- Indus Towers Ltd has informed that its Committee of Directors, at a meeting held on January 22, 2026, has approved the incorporation of a Wholly Owned Subsidiary (WOS) in Gujarat International Finance Tec-City (GIFT City), Gujarat.
The proposed WOS will, inter alia, function as an investment holding company for Indus Towers' overseas subsidiaries and will also undertake treasury functions and other related activities as permitted under the International Financial Services Centre (IFSC) framework for the company and its subsidiaries.
The name of the subsidiary will be finalised subject to approvals from the relevant authorities. Indus Towers Limited will be the holding company, with 100% shareholding and control, as the e...