Bharti Airtel Ltd.

Bharti Airtel has received approval from shareholders for issuance of preferential shares to Google for its about Rs 7,500 crore investment in the company to buy 1.28 per cent stake. A special resolution to approve Google's investment was approved by over 99 per cent of the shareholders. The investment comprises $700 million equity investment in Bharti Airtel at a price per share of Rs 734 and $300 million will go towards implementing commercial agreements, which will include investments in scaling Airtel's offerings that cover a range of devices to consumers via innovative affordability programmes as well as other offerings aimed at accelerating access and digital inclusion across India's digital ecosystem.

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