Indus Towers shareholders re-appoint Sharad Bhansali as independent director

Indus Towers Limited shareholders approved the re-appointment of Sharad Bhansali as an independent director for a second term of five consecutive years, from November 19, 2025, to November 18, 2030. The resolution passed with a significant majority through a postal ballot and e-voting, with 95.744% of votes cast in favor and 4.256% against. The voting period commenced on October 18, 2025, and concluded on November 16, 2025.

Of the total 2,37,07,98,071 valid votes received, 2,26,99,01,066 votes assented to the re-appointment, while 10,08,97,005 votes dissented. The total paid-up equity share capital of the company as of the cut-off date, October 10, 2025, was INR 26,38,16,27,570, divided into 2,63,81,62,757 fully paid-up equity shares of INR 10 each.

Bhansali is a law graduate with an M.A. in economics and an MBA in finance & marketing. He currently serves as the managing partner of APJ-SLG Law Offices (ASL) and has previous experience with the Indian Revenue Service.