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Mittal Offloads ₹8,500 Cr Worth of Shares in Airtel
The New Indian Express Kalaburagi
|February 19, 2025
Promoter group firm ICIL has sold 5.1 cr shares of 2nd largest telecom co
Sunil Bharti Mittal-backed Indian Continent Investment Limited (ICIL) has offloaded ₹8,500 crore worth of shares in Bharti Airtel.
According to a statement released by the company, ICIL sold 5.11 crore shares of Bharti Airtel through a market transaction. Bharti Telecom Limited, one of the largest promoters of Bharti Airtel, will acquire 1.20 crore of those shares. ICIL currently holds 3.31% in Bharti Airtel. "Indian Continent Investment Limited (ICIL), a promoter-group entity of Bharti Airtel Limited, has today sold 0.84% shareholding (5.11 crore shares) in Airtel via a market transaction, for an aggregate amount of ₹8,485.11 crore," Bharti Airtel said on Tuesday in an exchange filing.
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The New Indian Express Kalaburagi
Passenger tries to open cockpit door on AI flight
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The New Indian Express Kalaburagi
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Dasara a heartbeat, gives message of harmony: Banu
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The New Indian Express Kalaburagi
I don't want you!
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1 min
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The New Indian Express Kalaburagi
2.8L Indian jobs on the line as Trump slaps $1L H-1B fee
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2 mins
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The New Indian Express Kalaburagi
Vokkaliga seers want caste survey deferred
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1 min
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The New Indian Express Kalaburagi
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1 min
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The New Indian Express Kalaburagi
State forms SIT to probe Aland ‘voter deletions’
THE state government on Saturday formed a Special Investigation Team (SIT) to probe the alleged attempt to delete 6,018 names from the voters’ list in the Aland constituency of Kalaburagi district, ahead of the 2023 Assembly elections.
1 min
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