Bharti Airtel Ltd.

BSE: 532454 | NSE: BHARTIARTL
Large Cap | Telecommunication - Service Provider
2025.40
28.15 (1.41%)
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Bharti Airtel eyeing to raise funds upto Rs 15,000 crore: Report

Date: 29-11-2018

Bharti Airtel is reportedly eyeing to raise funds worth Rs 12,000-15,000 crore through issue of fresh shares to repay debt and bring down borrowing costs in FY19. The move is a part of the company's strategy to raise about Rs 30,000 crore in three tranches to meet capital expenditure, bolster cash flows, reduce debt and financing costs.

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