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Sunil Mittal offloads almost $1 billion stake in Airtel

Summary by totaltele.com

News The Indian billionaire made the sale following the company’s positive quarterly results This week, Sunil Mittal has sold a 0.84% stake (51 million shares) in India’s second largest telco, Bharti Airtel, raising roughly $976 million. The sale was made through the Mittal family’s investment company, Indian Continental Investment. Roughly a quarter of these shares were sold to group firm Bharti Telecom, with the remaining three quarters sold t…

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Sunil Mittal offloads almost $1 billion stake in Airtel

News The Indian billionaire made the sale following the company’s positive quarterly results This week, Sunil Mittal has sold a 0.84% stake (51 million shares) in India’s second largest telco, Bharti Airtel, raising roughly $976 million. The sale was made through the Mittal family’s investment company, Indian Continental Investment. Roughly a quarter of these shares were sold to group firm Bharti Telecom, with the remaining three quarters sold t…

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totaltele.com broke the news in 3 days ago on Thursday, February 20, 2025.

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