Bharti Airtel Ltd.

BSE: 532454 | NSE: BHARTIARTL
Large Cap | Telecommunication - Service Provider
2149.30
53.00 (2.53%)
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Bharti Airtel gets nod to increase shareholding in Airtel Africa plc

Date: 22-02-2025

Bharti Airtel has received approval to increase shareholding of the company in Airtel Africa plc (a subsidiary company listed in UK), by acquisition of upto 5% stake in one or more tranches during FY 2024-25, through Airtel Africa Mauritius (AAML), a step-down subsidiary company.

Airtel Africa Mauritius presently holds 57.29 per cent of Airtel Africa plc. The said acquisition is being done to increase stake in Airtel Africa plc. The said acquisition is expected to be completed by March 31, 2025. The Special Committee of Directors, a duly authorized Committee by the Board of Directors of the Company, has approved the same.  

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