Bharti Airtel to cut its stake to 18.3 percent from current 50.3 percent in the company.
Bharti Airtel is going to sell up to 32 percent stake in Bharti Infratel to Nettle Infra for Rs 289.96 per share.
Nettle Infrastructure Investments is a wholly-owned subsidiary of Bharti Airtel.
Bharti Airtel to cut its stake to 18.33 percent from current 50.33 percent in the company.
At 09:34 hrs Bharti Infratel was quoting at Rs 312.80, 2.05 percent and Bharti Airtel was quoting at Rs 332.25, down 0.43 percent on the BSE.
For more market news, click here
Indian Stock Market- Get profitable Equity, MCX Service, HNI & Currency Services with good call accuracy. BSE Sensex & Nifty50. Our market researchers track the share positions and give best call accuracy to customers.