{"id":953471,"date":"2025-08-08T08:14:49","date_gmt":"2025-08-08T02:44:49","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=953471"},"modified":"2025-08-08T08:53:54","modified_gmt":"2025-08-08T03:23:54","slug":"indian-continent-investment-to-sell-0-8-stake-in-bharti-airtel-for-rs-9300-crore","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/08\/08\/indian-continent-investment-to-sell-0-8-stake-in-bharti-airtel-for-rs-9300-crore\/","title":{"rendered":"Indian Continent Investment to sell 0.8% stake in Bharti Airtel for Rs 9,300 crore"},"content":{"rendered":"<p>Mumbai: Indian Continent Investment, a Sunil Mittal-led promoter entity, may offload nearly 0.8% stake in Bharti Airtel for over \u20b99,300 crore in a block deal on the exchanges on Friday, according to a term sheet seen by ET. The firm will sell five crore shares in the telecom operator, it said. The deal may be executed at a floor price of \u20b91,862 per share, a 3% discount to Thursday&#8217;s closing price of \u20b91,922.6. <\/p>\n<p>Promoters owned a 51.25% stake in Bharti Airtel as of June 30. Indian Continent Investment held a 2.47% stake in the company, while Bharti Telecom owned 40.47%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Indian Continent Investment, a Sunil Mittal-led promoter entity, may offload nearly 0.8% stake in Bharti Airtel for over \u20b99,300 crore in a block deal on the exchanges on Friday, according to a term sheet seen by ET. The firm will sell five crore shares in the telecom operator, it said. The deal may be executed at a floor price of \u20b91,862 per share, a 3% discount to Thursday&#8217;s closing price of \u20b91,922.6. Promoters owned a 51.25% stake in Bharti Airtel as of June 30. Indian Continent Investment held a 2.47% stake in the company, while Bharti Telecom owned 40.47%.<\/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":[4,60,10],"tags":[],"class_list":["post-953471","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/953471","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=953471"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/953471\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=953471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=953471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=953471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}