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Bharti Infratel Ltd (BHRI.NS)

BHRI.NS on National Stock Exchange of India

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Latest Key Developments (Source: Significant Developments)

Bharti Airtel completes secondary share sale in Bharti Infratel
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Bharti Airtel Ltd :‍Bharti Airtel announces successful completion of secondary share sale in Bharti Infratel​.Says Airtel will primarily use proceeds from this sale to reduce its debt‍​.Sale was for a total consideration of over 33.25 billion rupees and was executed at a price of 400.6 rupees per share​‍​.Says Airtel and its units together have equity holding of 53.51 percent in Bharti Infratel.  Full Article

Bharti Airtel to continue evaluating selling of shares in Bharti Infratel
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Bharti Airtel Ltd ::Board authorised co to continue evaluating selling shares in Bharti Infratel in one or more tranches from Airtel or unit Nettle.  Full Article

India's Bharti Infratel Sept-qtr consol PAT down about 17 pct
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Bharti Infratel Ltd ::Sept quarter consol PAT 6.38 billion rupees versus 7.74 billion rupees last year.Consensus forecast for Sept-quarter consol net profit was 7.41 billion rupees.Sept quarter consol revenue from operations 16.59 billion rupees versus 14.96 billion rupees last year.Says Sept-quarter total tower base of 90,955 with closing sharing factor of 2.42‍​.  Full Article

Bharti Infratel June-qtr consol profit up about 71 pct
Tuesday, 26 Jul 2016 

Bharti Infratel Ltd : June-quarter consol profit 7.56 billion rupees; June-quarter consol income from operations 14.53 billion rupees . Consensus forecast for June-quarter consol profit was 6.42 billion rupees . Consol net profit in June-quarter last year was 4.42 billion rupees as per Ind-AS; consol income from operations was 13.72 billion rupees .  Full Article

Deals of the day-Mergers and acquisitions

Nov 14 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday: