Bharti Airtel has transferred its entire 69.94 percent stake in Airtel Payments Bank to a wholly owned subsidiary, Airtel Limited, as part of an internal shareholding restructuring exercise, according to Bharti Airtel’s exchange filing.
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Bharti Airtel’s Stake Transfer
“…the shareholding of 69.94 percent, held by Bharti Airtel Limited (the Company) in Airtel Payments Bank Limited (Bank), is being transferred to Company’s wholly owned subsidiary (i.e. Airtel…