Bharti Telecom raises Rs 8,433 crores, sells 2.75% in Airtel - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Bharti Telecom raises Rs 8,433 crores, sells 2.75% in Airtel

BTL’s stake in Bharti Airtel fell to around 36% after the deal. Correspondingly, the combined 58.98% holding of Bharti Airtel’s promoter group – Sunil Mittal-owned entities and Singtel – came down to 56.23%. Sunil Mittal’s Bharti Enterprises and Singtel own 50.56% and 49.44%, respectively, in BTL.

from Industry-Economic Times
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