INDUS TOWERS Share price

The Company was incorporated as "Bharti Infratel Limited" as a public limited company on November 30 2006. The Company received a certificate of commencement of business on April 10 2007. Pursuant to a scheme of arrangement approved by the High Court of Delhi on November 26 2007 the Promoter transferred its telecommunication infrastructure business to the Company. Major events of the Company 2007 :The Company the Promoter Vodafone India Limited Idea Cellular Limited and Idea Cellular Infrastructure entered into a joint venture to set up Indus to operate 15 telecommunication circles in India 2008 :The Promoter transferred its passive infrastructure assets to the Company pursuant to a scheme of arrangement that became effective on January 31 2008 with effect from the same day Compassvale KKR Towers Company Mauritius Limited GS Investment Partners (Mauritius) I Limited Citigroup Financial Products Inc. AIF Capital Telecom Infrastructure Limited AXA Towers India Anadale GS Strategic Millennium Mauritius I Limited Park Equity Holdings Limited and Nomura invested in the Company by subscribing to Equity Shares and compulsorily convertible debentures 2009 :The Company transferred its passive infrastructure assets in 12 telecommunication circles to its subsidiary BIVL pursuant to a scheme of arrangement that became effective on May 5 2011 with effect from the appointed date i.e. April 1 2009 Citigroup Financial Products Inc. converted 118650 compulsorily convertible debentures into 1182270 Equity Shares 2010 :Compassvale KKR Towers Company Mauritius Limited AIF Capital Telecom Infrastructure Limited Anadale GS Strategic Millennium Mauritius 1 Limited Nomura AXA Towers India GS Investment Partners (Mauritius) I Limited and Park Equity Holdings Limited converted an aggregate of 3084900 compulsorily convertible debentures into 39120640 Equity Shares The Company won the ?Innovative Infrastructure Company of the Year? award at the Essar Steel Infrastructure Excellence Awards 2010 2011 :?Renewable Energy Solutions for Telecom Cell Towers? by the Company was recognised as the ?Most Innovative Energy Saving Product? at the Confederation of Indian Industry - National Award for Excellence in Energy Management 2011 The Company won the ?Green Mobile Award? for best green product/service or performance at the Global Mobile Awards 2011 BIVL has filed a scheme of arrangement before the High Court of Delhi pursuant to which all the business and undertakings of BIVL Vodafone Infrastructure Limited and Idea Cellular Towers Infrastructure Limited will be transferred to and vested in Indus. 2012 :The Company was awarded the 2012 ? CNBC Essar Steel Infrastructure Excellence Award as the ?Telecom Infrastructure Company of the Year? The Company won the 2012 CIO-APC Green IT Award for successfully consolidating and virtualising its data center and making significant reduction in carbon emissions. The Company won the iCMG IT Architecture Award for its landmark end-to-end enterprise tool