Bharti Airtel Via Its Wholly Owned Subsidiary, Nettle Infrastructure

Bharti Airtel via its wholly owned subsidiary, Nettle Infrastructure Investments Limited today announced the successful divestment of 8.3 crore shares of its subsidiary Bharti Infratel through a secondary share sale in the stock market.

The sale was for a total consideration of over Rs 3,325 crore and was executed at a price of Rs 400.6 per share, representing a discount of 3.6 percent to the previous day’s closing price.

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