Bharti Airtel Ltd.

BSE: 532454 | NSE: BHARTIARTL
Large Cap | Telecommunication - Service Provider
1965.60
19.35 (0.99%)
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Bharti Airtel gets shareholders’ nod for amalgamation with Telenor

Date: 22-09-2017

Bharti Airtel has received an approval from shareholders for its scheme of amalgamation with Telenor India. Shareholders representing 99.98% holding voted in favour of the resolution, while a mere 0.02% voted against it.

Earlier in February, both the companies had signed an agreement for merger under which the Sunil Mittal company will acquire Telenor India’s operations in seven circles -- Andhra Pradesh, Bihar, Maharashtra, Gujarat, UP (East), UP (West) and Assam.

Bharti Airtel is a leading integrated telecommunications company with operations in 18 countries across Asia and Africa.