Bharti Telecom is the promoter of Bharti Airtel, India's largest telecom services provider.
"...the company has received a communication dated November 3, 2017 from Bharti Telecom, the promoter of the company that it has acquired 184,710,183 equity shares of the company from Indian Continent Investment," Bharti Airtel said in a BSE filing.
The shares represent 4.62 per cent of the paid-up share capital of the company, it added.
"Consequent to the aforesaid acquisition, the shareholding of Bharti Telecom in the company has increased from 45.48 per cent to 50.10 per cent," it said.