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Bharti Airtel inks share subscription, shareholders agreement with KMBL and AMSL

24 Feb 2016 Evaluate

Bharti Airtel has inked a share subscription and shareholders agreement with Kotak Mahindra Bank (KMBL) and Airtel M Commerce Services (AMSL), wherein, KMBL has agreed to acquire 9,83,82,022 equity shares aggregating to Rs 98.38 crore in cash, representing 19.90% of the paid-up capital of AMSL.

Bharti Airtel is a leading integrated telecommunications company with operations in 20 countries across Asia and Africa. The company ranks amongst the top 5 mobile service providers globally in terms of subscribers.



Peers
Company Name CMP
Bharti Airtel 1970.00
Jio Platforms 1431.20
Vodafone Idea 11.82
Indus Towers 378.15
Tata Communications 1676.00
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