Bharti Airtel Ltd.

BSE: 532454 | NSE: BHARTIARTL
Large Cap | Telecommunication - Service Provider
1965.60
19.35 (0.99%)
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Bharti Airtel completes transfer of 11.32% stake in Bharti Infratel to Nettle Infrastructure

Date: 29-03-2017

Bharti Airtel, India's largest telecommunications services provider, has completed an inter-se transfer of 11.32% stake (209,416,643 equity shares) in Bharti Infratel to Nettle Infrastructure Investments (Nettle), a wholly owned subsidiary of Bharti Airtel. Post the said inter-se transfer, Bharti Airtel will hold 50.33%, while Nettle will hold 11.32% stake in Bharti Infratel, the remaining 38.35% (approx.) shall be held by public / other shareholders.

Bharti Airtel is a leading integrated telecommunications company with operations in 17 countries across Asia and Africa. The company ranks amongst the top 3 mobile service providers globally in terms of subscribers.