Bharti Airtel has further agreed on March 22, 2021 for acquisition of additional 2,914,100 equity shares, approximately 3.33 percent in Avaada MHBuldhan, a special purpose vehicle formed for the purpose of owning and operating captive power plant, in terms of the regulatory requirement for captive power consumption under electricity laws. The transaction is expected to be completed by April 30, 2021.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.
