{"id":972524,"date":"2025-11-07T11:40:32","date_gmt":"2025-11-07T06:10:32","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=972524"},"modified":"2025-11-07T11:40:32","modified_gmt":"2025-11-07T06:10:32","slug":"singtel-arm-to-sell-0-8-in-airtel-for-10-5k-crore","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/11\/07\/singtel-arm-to-sell-0-8-in-airtel-for-10-5k-crore\/","title":{"rendered":"Singtel arm to sell 0.8% in Airtel for 10.5k crore"},"content":{"rendered":"<p>Mumbai: Pastel Ltd, an investment arm of Singtel of Singapore that holds 8.3% stake in telecom services major Bharti Airtel, has mandated JP Morgan India to sell 0.8% stake in the company for at least Rs 10,350 crore (about $1.2 billion) through block deals on Friday.<\/p>\n<p>According to the deal&#8217;s term sheet , the Singtel arm is selling about 5.1 crore Bharti Airtel shares at a per-share floor price of Rs 2,030. This price is at a 3.1% discount to Bharti Airtel&#8217;s Thursday closing price of Rs 2,095.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Pastel Ltd, an investment arm of Singtel of Singapore that holds 8.3% stake in telecom services major Bharti Airtel, has mandated JP Morgan India to sell 0.8% stake in the company for at least Rs 10,350 crore (about $1.2 billion) through block deals on Friday. According to the deal&#8217;s term sheet , the Singtel arm is selling about 5.1 crore Bharti Airtel shares at a per-share floor price of Rs 2,030. This price is at a 3.1% discount to Bharti Airtel&#8217;s Thursday closing price of Rs 2,095.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,88,11],"tags":[],"class_list":["post-972524","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/972524","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\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=972524"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/972524\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=972524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=972524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=972524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}