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Bharti Airtel completes transfer of 11.32% stake in Bharti Infratel

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Capital Market
Last Updated : Mar 30 2017 | 12:02 AM IST

To subsidiary - Nettle Infrastructure Investments

Bharti Airtel 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 Investments (Nettle), a wholly owned subsidiary of the Company. Post the said inter-se transfer, Bharti Airtel 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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First Published: Mar 29 2017 | 9:55 AM IST

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