Bharti Airtel block: Indian Continent sells 51 mn shares for Rs 8,485 crore

Bharti Airtel block deal: Bharti Airtel share price was in focus in stock markets today after promoter entity, Indian Continent Investment, sold partial stake via large block deal.

“Indian Continent Investment Limited, a promoter-group entity of Bharti Airtel Limited, has today sold around 0.84 per cent shareholding (51.1 million shares) in Airtel through a market transaction, for an aggregate amount of Rs 8,485.11 crore,” Bharti Airtel confirmed in a stock exchange filing.