Bharti Infratel defers board meet to decide on merger with Indus Towers

Bharti Infratel has deferred its board meet on Thursday that was to decide its merger with Indus Towers.

The Board of the telecom infrastructure company was to take a final decision on the scheme of arrangement with Indus Towers. In a regulatory filing, the company said that it would "definitely" hold the board meet on or before the long stop date of June 24.

"Certain inputs that would have been required by the Board for it to deliberate and take a final decision have been delayed given the current environment. In view of the same, the said Board meeting has been rescheduled