HOME WORLD INDIA BHOPAL BUSINESS ENTERTAINMENT SCIENCE & TECHNOLOGY SPORTS HEALTH
WTN SPECIAL GOSSIP CORNER RECIPES DRINKS FUN FACTS WTN HINDI
EDUCATION LIFESTYLE TRAVEL ART & LITERATURE BIG MEMSAAB OPINION & INTERVIEW BrahMos
ABOUT US PRIVACY POLICY SITEMAP CONTACT US
BREAKING NEWS

Airtel completes Bharti Infratel s 11% stake sale to Nettle

29 Mar 2017

Mumbai March 29 (IANS) Bharti Airtel has completed the sale of 11.32 per cent stake in Bharti Infratel to Nettle Infrastructure Investments Limited for Rs 6 806 crore a regulatory filing by the company said here on Wednesday.

Nettle is a wholly-owned subsidiary of Bharti Airtel.

The company has today completed an inter-se transfer of 11.32 per cent stake in Bharti Infratel to Nettle Infrastructure Investments the filing with the BSE said.

Post the said inter-se transfer Bharti Airtel will hold 50.33 per cent while Nettle will hold 11.32 per cent stake in Bharti Infratel the remaining 38.35 per cent shall be held by public/other shareholders it added.

--IANS
ag/pgh/bg