Bharti Airtel promoter entity sells shares for ₹11,227 crore
Indian Continent Investment Ltd, an entity promoted by billionaire Sunil Bharti Mittal, on Friday divested nearly one per cent stake in telecom carrier Bharti Airtel for ₹11,227 crore through open market transactions.
Indian Continent Investment Ltd (ICIL) is one of the promoters of Gurugram-based Bharti Airtel.
According to the bulk deal data available on the NSE, Indian Continent Investment Ltd offloaded a total of 6 crore equity shares in two tranches or a 0.98 per cent stake in Bharti Airtel.
