Bharti Airtel, led by Indian billionaire Sunil Mittal , has said that its board has approved the acquisition of a 5 per cent additional stake in its telecom infrastructure subsidiary Indus Towers, PTI reported. This comes as Bharti Airtel announced a 2-fold rise in its consolidated net profit to Rs 8,651 crore in the second quarter of FY26 on Monday.

Bharti Airtel's stake in Indus Towers

Bharti Airtel holds a 51.03 per cent stake in Indus Towers as of September 30. However, the company, in a filing, said that "acquisition doesn't fall within related party transaction(s)". "A Special Committee of Directors...has granted an enabling approval for acquisition of up to 5 per cent additional stake in Indus Towers Limited, a subsidiary company, in one or more tranches over a period of time,

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