Mittal-led promoter entity to sell 0.6% stake in Bharti Airtel via bulk deal
Bharti Airtel Ltd’s promoter group entity, Indian Continent Investment, is set to sell a 0.56% stake at around $806 million ( ₹7,191 crore) in the telecom operator, according to deal terms.
The Sunil Mittal-led promoter group entity launched the block deal on Tuesday to offload 34.3 million shares at the offer floor price of ₹2,096.70 apiece, according to the term sheet seen by Mint.
