MARKET NEWS

English
Specials
  • Crypto Control
  • Headwinds and Tailwinds
  • Sustainability 100+
  • New Horaizon
  • Autodesk
  • The Future Techshot
  • The Challengers
  • The Packaging Doctor
  • Mirae
  • Mahindra Manulife
  • Investmentor
  • Unlocking opportunities in Metal and Mining
  • Commodity Ki Paathshala
  • In Conversation With
  • India Inc On the Move
  • India Best Managed Companies
Upgrade
MoneycontrolBe a PRO
Moneycontrol PRO
UPCOMING EVENT:Attend Traders Carnival Live. 3 days 12 sessions at Rs.1199/-, exclusive for Moneycontrol Pro subscribers. Prices Increasing Soon. Register now!
you are here: HomeNewsBusiness

Bharti Airtel's Rs 21,000 crore rights issue subscribed 1.44 times

The applications received in the rights issue are subject to verification and clearing payments, as applicable, and finalisation of the basis of allotment," the company said in a regulatory filing.

PTI
October 21, 2021 / 10:44 PM IST
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Bharti Airtel rights issue to raise up to Rs 20,987.39 crore has been subscribed 1.44 times, the company said on Thursday.

"Based on preliminary information received, we wish to inform you that the Rights issue has been subscribed approximately 1.44 times, overbid by both public and promoter/promoter group.

The applications received in the rights issue are subject to verification and clearing payments, as applicable, and finalisation of the basis of allotment," the company said in a regulatory filing.

Bharti Airtel rights issue opened on October 5 and the company had fixed September 28 as the record date for rights entitlement.

The company's board had on August 29 approved raising up to Rs 21,000 crore by way of the rights issue for Rs 535 per share, including a premium of Rs 230.
PTI
Tags: #Bharti Airtel #Business #Market news #right issue
first published: Oct 21, 2021 10:44 pm

Must Listen

Simply Save | Why it is important to make international investments across emerging and developed markets?

Simply Save | Why it is important to make international investments across emerging and developed markets?

stay updated

Get Daily News on your Browser
Sections
Desktop Version »
Follow us on
Facebook Twitter Instagram TeglegramJio News
Available On
Download from Google PlayDownload from App StoerDownload from Windows Phone
ISO 27001 - BSI Assurance Mark
Disclaimer | Terms & Conditions | Privacy Policy | Cookie Policy | FAQs | Sitemap | Contact Us | Advertise with Us
Network 18 Sites: News18 | Firstpost | CNBC TV18 | In.com | Cricketnext | Overdrive |Topper Learning

Copyright © e-Eighteen.com Ltd All rights resderved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited.