Indus Towers shares slump as Voda Idea woes hit Q2
Indus said it had agreed to the customer’s proposal for softer repayment terms. “During the last quarter, the customer had informed the company that a funding plan was under finalization with its lenders and had proposed…to pay part of the monthly billing till December 2022 and 100% of the amounts billed from January 2023,” Indus said, adding that it had agreed to the proposal.
