{"id":976675,"date":"2025-11-26T08:44:09","date_gmt":"2025-11-26T03:14:09","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=976675"},"modified":"2025-11-26T09:53:02","modified_gmt":"2025-11-26T04:23:02","slug":"bharti-airtel-promoter-entity-to-cut-stake-in-rs-7195-cr-deal","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/11\/26\/bharti-airtel-promoter-entity-to-cut-stake-in-rs-7195-cr-deal\/","title":{"rendered":"Bharti Airtel promoter entity to cut stake in Rs 7,195-cr deal"},"content":{"rendered":"<p>Bharti Airtel\u2019s promoter entity Indian Continent Investment (ICIL) will sell 34.3 million equity shares, representing a 0.56% stake, in Bharti Airtel for Rs 7,195 crore on Wednesday via a block deal. The move is aimed at diversifying the telco\u2019s shareholder base. <\/p>\n<p>ICIL, a promoter entity of Sunil Bharti Mittal family office, will sell shares on the stock exchanges at a floor price of Rs 2,096.70 per share, a 3% discount to Bharti Airtel\u2019s closing price of Rs 2,161.60 on the NSE on Tuesday, according to a term sheet.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bharti Airtel\u2019s promoter entity Indian Continent Investment (ICIL) will sell 34.3 million equity shares, representing a 0.56% stake, in Bharti Airtel for Rs 7,195 crore on Wednesday via a block deal. The move is aimed at diversifying the telco\u2019s shareholder base. ICIL, a promoter entity of Sunil Bharti Mittal family office, will sell shares on the stock exchanges at a floor price of Rs 2,096.70 per share, a 3% discount to Bharti Airtel\u2019s closing price of Rs 2,161.60 on the NSE on Tuesday, according to a term sheet.<\/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-976675","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\/976675","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=976675"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/976675\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=976675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=976675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=976675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}