{"id":931130,"date":"2025-05-16T07:38:16","date_gmt":"2025-05-16T02:08:16","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=931130"},"modified":"2025-05-16T07:45:54","modified_gmt":"2025-05-16T02:15:54","slug":"singtel-to-sell-47-6-million-airtel-shares-in-rs-8568-crore-block-deal","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/05\/16\/singtel-to-sell-47-6-million-airtel-shares-in-rs-8568-crore-block-deal\/","title":{"rendered":"SingTel to sell 47.6 million Airtel shares in Rs 8,568-crore block deal"},"content":{"rendered":"<p>Bharti Airtel is set for a block deal on Friday, where the promoter entity, Singapore-based Pastel, will offload approximately 0.8% (47.6 million shares) of its stake, according to a term sheet available with FE. Pastel is an indirect wholly owned subsidiary of Singapore Telecommunications (SingTel). <\/p>\n<p>Shares will be offered at a floor price of Rs 1,800 each, reflecting a 3.60% discount to the Thursday\u2019s closing price of Rs 1,867.20 on the NSE, and 3.6% lower than Rs 1,866.80 on the BSE.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bharti Airtel is set for a block deal on Friday, where the promoter entity, Singapore-based Pastel, will offload approximately 0.8% (47.6 million shares) of its stake, according to a term sheet available with FE. Pastel is an indirect wholly owned subsidiary of Singapore Telecommunications (SingTel). Shares will be offered at a floor price of Rs 1,800 each, reflecting a 3.60% discount to the Thursday\u2019s closing price of Rs 1,867.20 on the NSE, and 3.6% lower than Rs 1,866.80 on the BSE.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,64,12],"tags":[],"class_list":["post-931130","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/931130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=931130"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/931130\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=931130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=931130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=931130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}