Bharti Airtel has received approval from board of directors to purchase of 95% shareholding in Airtel, a step-down wholly-owned subsidiary company from another wholly-owned subsidiary company.
The company has also received approval to transfer of Company’s entire shareholding in Nxtra Data, a subsidiary company to Airtel. The above will have no impact on the ownership or control of Bharti Airtel over the abovementioned subsidiaries. The Board of Directors of the Company, at its meeting held on March 19, 2024 approved the same.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.
