Sunil Mittal entity likely to divest close to 0.56% in Airtel

Sunil Mittal-led Indian Continent Investment plans to sell approximately 0.56% of its Bharti Airtel stake, valued at around ₹7,200 crore, via a block deal. The entity will offload 3.43 crore shares, potentially at a 3% discount to Tuesday's closing price. This move follows a similar stake sale in August.

from Economic Times https://ift.tt/ubU8Wxk