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Exploring options on converting dues: Airtel
Hindustan Times Delhi
|May 15, 2025
Bharti Airtel Ltd's proposal to the government on converting its revenue-linked dues into equity was only intended to explore if such an option was available, vice chairman and managing director Gopal Vittal said on Wednesday, adding that a decision will be taken by the company's board after getting clarification from the government.
NEW DELHI: Bharti Airtel Ltd's proposal to the government on converting its revenue-linked dues into equity was only intended to explore if such an option was available, vice chairman and managing director Gopal Vittal said on Wednesday, adding that a decision will be taken by the company's board after getting clarification from the government.
"We just wanted a non-discriminatory level-playing field in terms of an option to convert," Vittal said. "Whether we will convert or not is a decision for the board to take... We wanted a clarification from the government whether we had the option or not."
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