Indus Towers Limited’s board to meet on October 27, 2022, to consider fundraise though issue of NCDs

According to an exchange filing, the board of directors of Indus Towers Limited will meet on October 27, 2022, to consider raising funds by issuing non-convertible debentures (NCDs) on a private placement basis.

The company’s upcoming fundraise plans came as a board meeting of Vodafone Idea Limited (Vi) was underway to consider raising funds by issuing preferential convertible debentures to a vendor.