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Bharti Airtel promoter entity to cut stake in ₹7,195-cr deal
Financial Express Lucknow
|November 26, 2025
Floor price set at ₹2,096.70, a 3% discount to closing price of Tuesday
BHARTI AIRTEL'S PROMOTER entity Indian Continent Investment (ICIL) will sell 34.3 million equity shares, presenting a 0.56% stake, in Bharti Airtel for ₹7,195 crore on Wednesday via a block deal. The move is aimed at diversifying the telco's shareholder base.
ICIL, a promoter entity of Sunil Bharti Mittal family office, will sell shares on the stock exchanges at a floor price of ₹2,096.70 per share, a 3% discount to Bharti Airtel's closing price of ₹2,161.60 on the NSE on Tuesday, according to a term sheet.
The transaction is being handled by Goldman Sachs (India) Securities as the sole placement agent.
Dit verhaal komt uit de November 26, 2025-editie van Financial Express Lucknow.
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