Bharti Airtel completes transfer of 11.32% stake in Bharti Infratel

Capital Market 

To subsidiary - Nettle Infrastructure Investments

has on 29 March 2017 completed an inter-se transfer of 11.32 % stake (209,416,643 equity shares) in Bharti Infratel (Bharti Infratel) to Nettle Infrastructure (Nettle), a wholly owned subsidiary of the Company. Post the said inter-se transfer, will hold 50.33% while Nettle will hold 11.32% stake in Bharti Infratel, the remaining 38.35% (approx.) shall be held by public / other shareholders.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Bharti Airtel completes transfer of 11.32% stake in Bharti Infratel

To subsidiary - Nettle Infrastructure Investments

To subsidiary - Nettle Infrastructure Investments

has on 29 March 2017 completed an inter-se transfer of 11.32 % stake (209,416,643 equity shares) in Bharti Infratel (Bharti Infratel) to Nettle Infrastructure (Nettle), a wholly owned subsidiary of the Company. Post the said inter-se transfer, will hold 50.33% while Nettle will hold 11.32% stake in Bharti Infratel, the remaining 38.35% (approx.) shall be held by public / other shareholders.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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