The transaction involves Bharti Airtel issuing equity shares to Indian Continent Investment Limited, a promoter group entity, on a preferential basis, in exchange for its 16.31% stake in Airtel Africa
Bharti Airtel has received shareholder approval to increase its stake in Airtel Africa to 79%. This strategic move involves a share-swap deal where Bharti Airtel will issue equity shares to Indian Continent Investment Limited, a promoter group entity. In return, Bharti Airtel…
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