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Bharti Airtel informs about updates on buy-back of equity shares

29 Apr 2016 Evaluate

With reference to earlier letter dated April 27, 2016 with regard to approval of the Buy-back by Board of Directors of the Company, Bharti Airtel has now informed that the scheme of amalgamation of Augere Wireless Broadband India Private Limited, (Augere), a wholly owned subsidiary with Bharti Airtel is under consideration for approval by the Hon’ble High Court of Delhi. Therefore, pursuant to the SEBI Buy-back Regulations all actions in the matter including the public announcement will be undertaken once the scheme has been disposed-off.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Bharti Airtel 1830.00
Vodafone Idea 13.84
Indus Towers 377.50
Tata Communications 1732.70
Railtel Corp. India 260.40
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