Bharti Infratel Limited (NSEI:INFRATEL) on June 24, 2020 deferred one more time a decision on merger of Indus Towers Limited with itself. The stock lost 4% on June 25, 2020 morning trade, leading the losses in Nifty shares. In a meeting on June 24, 2020, the board of Infratel extended the long stop gap date for the proposed merger to August 31, 2020. The companies received regulatory approvals earlier this year. Despite that, they extended the long stop date on the original agreement to April, then to June and now to August.