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Bharti Airtel’s special panel of directors approves allotment of shares to Warburg Pincus affiliate

22 Mar 2021 Evaluate

Bharti Airtel’s special panel of directors has approved allotment of 36.4 million equity shares on a preferential basis to Warburg Pincus affiliate at Rs 600 issue price, as partial consideration towards Bharti Telemedia deal.

As per the contours of the recently-announced deal, Bharti Airtel will acquire a 20 per cent stake in its DTH arm Bharti Telemedia from Warburg Pincus affiliate Lion Meadow Investment for about Rs 3,126 crore.

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

Bharti Airtel Share Price

1758.15 -76.75 (-4.18%)
11-May-2026 16:59 View Price Chart
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