Indus Towers Limited CC-Nov25.pdf · 2025-10-28
My question is regarding the Africa business foray. There have been some issues intermittently for Nigeria regarding dividend upstreaming from that geography. And all these geographies have a fairly high currency volatility. So how do you plan to hedge for this? Just clarity on that will be useful. And secondly, can you give some clarity on where the capex is going? Because if I look at the maintenance capex is not what has inched up, it is the growth capex, which has sort of inched up. And what portion is actually towards the new tenancies or towards the batteries or towards the energy initiative, I would say, in that sense? Some color on that will be useful to get a growth dynamics in those departments.
So largely, the capex related to battery is not part of the maintenance capex, it is part of the growth capex?