Bharti Hexacom has secured majority shareholder approval at its 30th annual general meeting to sell mobile towers worth Rs 1,134 crore to its sister concern, Indus Towers, according to a regulatory filing on Wednesday.

The resolution on related-party transactions was passed with 88.28% votes in favor. However, state-run Telecom Consultants of India (TCIL), which holds a 15% stake in the company, opposed the deal citing valuation concerns.