World Trade Factory™

Airtel Plans ₹28kcr Share Swap

Airtel Plans ₹28kcr Share Swap

Bharti Airtels board on Wednesday approved a ₹28,220 crore share-swap deal with Indian Continent Investment (ICIL) to raise its stake in UK-listed subsidiary Airtel Africa, while increasing ICILs holding in Bharti Airtel by about 2.3 percentage points in one of Indias largest related-party transactions.

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