{"id":976684,"date":"2025-11-26T08:54:31","date_gmt":"2025-11-26T03:24:31","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=976684"},"modified":"2025-11-26T10:11:19","modified_gmt":"2025-11-26T04:41:19","slug":"bharti-airtel-promoters-to-offload-0-56-stake-to-raise-rs-7200-crore-via-block-deal","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/11\/26\/bharti-airtel-promoters-to-offload-0-56-stake-to-raise-rs-7200-crore-via-block-deal\/","title":{"rendered":"Bharti Airtel promoters to offload 0.56% stake to raise Rs 7,200 crore via block deal"},"content":{"rendered":"<p>Promoters of Bharti Airtel are set to offload a 0.56% stake in the telecom major on Wednesday through block deals, aiming to raise up to Rs 7,200 crore.<\/p>\n<p>Indian Continent Investment Ltd (ICIL), a promoter entity led by billionaire Sunil Mittal, will sell 34.3 million shares at a floor price of Rs 2,096.70 apiece, representing a 3% discount to Tuesday\u2019s closing price of Rs 2,160.75. Following the sale, ICIL\u2019s stake will fall from 1.48% to 0.92%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Promoters of Bharti Airtel are set to offload a 0.56% stake in the telecom major on Wednesday through block deals, aiming to raise up to Rs 7,200 crore. Indian Continent Investment Ltd (ICIL), a promoter entity led by billionaire Sunil Mittal, will sell 34.3 million shares at a floor price of Rs 2,096.70 apiece, representing a 3% discount to Tuesday\u2019s closing price of Rs 2,160.75. Following the sale, ICIL\u2019s stake will fall from 1.48% to 0.92%.<\/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":[4,76,17],"tags":[],"class_list":["post-976684","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/976684","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=976684"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/976684\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=976684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=976684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=976684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}