Bharti Airtel Transfers 69.94 Percent Stake in Payments Bank to Airtel Limited

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Bharti Airtel Transfers 69.94 Percent Stake in Payments Bank to Airtel Limited
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.

Also Read: Airtel Partners with SpaceX to Bring Starlink Internet to its Customers in India

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…



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Bharti Airtel Transfers 69.94 Percent Stake in Payments Bank to Airtel Limited


Bharti Airtel Transfers 69.94 Percent Stake in Payments Bank to Airtel Limited
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.

Also Read: Airtel Partners with SpaceX to Bring Starlink Internet to its Customers in India

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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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