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Bharti Airtel to allocate 9.7 lakh equity shares to shareholders of Tata Teleservices

29 Jul 2019 Evaluate

Bharti Airtel has received approval from its committee of directors for allocation of over 9.7 lakh equity shares and 497 redeemable preference shares to shareholders of Tata Teleservices as part of merger process. The allocation will include 79,529 Bharti Airtel (BAL) equity shares of Bharti Airtel Fractional Share Entitlement Trust.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.

Peers
Company Name CMP
Bharti Airtel 1830.95
Vodafone Idea 14.52
Indus Towers 385.50
Tata Communications 1699.80
Railtel Corp. India 268.00
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