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Bharti Airtel inks pact to acquire 7.04% stake in Avaada KNShorapur

28 Mar 2022 Evaluate

Bharti Airtel has entered into an agreement for acquisition of 7.04% equity stake in Avaada KNShorapur, a special purpose vehicle formed for the purpose of owning and operating the Captive Power Plant, in terms of the regulatory requirement for captive power consumption under electricity laws. Cost of acquisition is around Rs 1.75 crore in aggregate for acquisition of aggregate 17,42,650 equity shares of Rs 10 each.

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

Bharti Airtel Share Price

1754.90 -3.25 (-0.18%)
12-May-2026 09:07 View Price Chart
Peers
Company Name CMP
Bharti Airtel 1754.90
Vodafone Idea 12.05
Indus Towers 412.40
Tata Communications 1570.00
Bharti Hexacom Ltd. 1466.35
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