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Bharti Airtel Ltd (BRTI.BO)

BRTI.BO on Bombay Stock Exchange

344.00INR
9:52am BST
Change (% chg)

Rs0.50 (+0.15%)
Prev Close
Rs343.50
Open
Rs345.10
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Rs341.35
Volume
62,440
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377,587
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Rs366.20
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Rs254.29

Latest Key Developments (Source: Significant Developments)

Airtel Africa Says Price Range For IPO Offer Has Been Set At 80 To 100 Pence Per Ordinary Share
Monday, 17 Jun 2019 

June 17 (Reuters) - Bharti Airtel Ltd ::AIRTEL AFRICA LTD - PRICE RANGE FOR IPO OFFER HAS BEEN SET AT 80 PENCE TO 100 PENCE PER ORDINARY SHARE.AIRTEL AFRICA - OFFER EXPECTED TO COMPRISE ABOUT 595.2 MILLION TO 744 MILLION NEW SHARES TO BE ISSUED BY CO TO RAISE GROSS PROCEEDS OF ABOUT £595 MILLION.AIRTEL AFRICA LTD - IMMEDIATELY AFTER ADMISSION, CO EXPECTS TO HAVE FREE FLOAT OF AT LEAST 25% OF ISSUED SHARE CAPITAL.AIRTEL AFRICA LTD - EXPECTS THAT CO WOULD BE ELIGIBLE FOR INCLUSION IN FTSE UK INDICES.AIRTEL AFRICA LTD - INTENDS TO UNDERTAKE A LISTING OF ITS SHARES ON NIGERIAN STOCK EXCHANGE CONCURRENTLY WITH IPO.AIRTEL AFRICA LTD - INDICATIONS OF INTEREST OF $175M RECEIVED ACROSS THE PRICE RANGE FROM CERTAIN PRE IPO INVESTORS.  Full Article

Airtel Africa Confirms Intention To Float On The LSE
Tuesday, 4 Jun 2019 

June 4 (Reuters) - Airtel Africa Ltd ::AIRTEL AFRICA LTD - CONFIRMATION OF INTENTION TO FLOAT ON THE LSE.AIRTEL AFRICA LTD - CONFIRMATION OF INTENTION TO FLOAT ON THE LSE.AIRTEL AFRICA LTD - CONFIRMATION OF INTENTION TO FLOAT ON LONDON STOCK EXCHANGE.AIRTEL AFRICA LTD - INDICATIVE PRICE RANGE AS WELL AS NUMBER OF SHARES TO BE SOLD IN OFFER, WILL BE DETERMINED IN DUE COURSE.AIRTEL AFRICA-FINAL OFFER PRICE ON OFFER TO BE DETERMINED AFTER PUBLICATION OF PROSPECTUS, BOOK-BUILDING PROCESS, ADMISSION EXPECTED TO OCCUR IN JULY.AIRTEL AFRICA LTD - OFFER WILL COMPRISE NEW SHARES TO BE ISSUED BY COMPANY TO RAISE GROSS PROCEEDS OF APPROXIMATELY $750 MILLION.AIRTEL AFRICA LTD - COMPANY INTENDS TO USE NET PROCEEDS FROM ISSUE OF NEW SHARES TO REDUCE NET DEBT.AIRTEL AFRICA - TO DISTRIBUTE DIVIDENDS IN INTERIM AND FINAL DIVIDED FORMAT, WITH FIRST INTERIM, DIVIDEND EXPECTED TO BE DECLARED AFTER HALF YEAR RESULTS.AIRTEL AFRICA LTD - IMMEDIATELY FOLLOWING ADMISSION, COMPANY INTENDS TO HAVE A FREE FLOAT OF AT LEAST 25 PER CENT.AIRTEL AFRICA LTD - EXPECTED THAT UP TO A FURTHER 15 PER CENT. OF OFFER WILL BE MADE AVAILABLE PURSUANT TO OVER-ALLOTMENT OPTION.  Full Article

Bharti Airtel's Unit Airtel Africa Intends To Proceed With IPO For Admission on LSE
Tuesday, 4 Jun 2019 

June 4 (Reuters) - Bharti Airtel Ltd ::AIRTEL AFRICA, SUBSIDIARY OF CO INTENDS TO PROCEED WITH IPO FOR ADMISSION AND LISTING OF ITS SHARES THE LONDON STOCK EXCHANGE.OFFER TARGETED TO RAISE $750 MILLION.  Full Article

Singapore Telecommunications Completed Subscription Of 170.1 MLN New Equity Shares In Bharti Airtel
Wednesday, 29 May 2019 

May 29 (Reuters) - Singapore Telecommunications Ltd ::COMPLETED SUBSCRIPTION OF 170.1 MILLION NEW EQUITY SHARES IN BHARTI AIRTEL.PRICE PER SUBSCRIPTION SHARE WAS INR220, AGGREGATE CONSIDERATION FOR SUBSCRIPTION SHARES WAS INR37.4 BILLION.COMPLETED SUBSCRIPTION OF 170.1 MILLION NEW EQUITY SHARES IN BHARTI AIRTEL.AGGREGATE CONSIDERATION FOR SUBSCRIPTION SHARES WAS INR37.4 BILLION AND WAS FULLY SATISFIED IN CASH IN INDIAN RUPEES.FOLLOWING COMPLETION, SINGTEL'S OVERALL EFFECTIVE SHAREHOLDING INTEREST IN BAL DECREASED FROM 39.5% TO 35.2%.  Full Article

Bharti, Vodafone Plan To Name Bimal Dayal As CEO Of Indus Towers-Infratel Post-Merger Co
Tuesday, 21 May 2019 

May 21 (Reuters) - Bharti Airtel Ltd ::BHARTI AND VODAFONE GROUP PLC. ANNOUNCES PROPOSED CEO AND CFO FOR MERGED ENTITY.BIMAL DAYAL IS PROPOSED TO BE APPOINTED AS THE CHIEF EXECUTIVE OFFICER OF THE MERGED ENTITY.MERGER PROCESS OF INDUS TOWERS LIMITED WITH BHARTI INFRATEL LIMITED IS AT AN ADVANCED STAGE OF COMPLETION.HEMANT RUIA (CURRENTLY CFO, INDUS TOWERS) IS PROPOSED TO BE APPOINTED AS THE CFO OF THE MERGED ENTITY.  Full Article

Tata Teleservices Says DOT Issued Conditional Approval For Demerger Of Consumer Mobile Business
Friday, 12 Apr 2019 

April 12 (Reuters) - Bharti Airtel Ltd ::DOT HAS ISSUED CONDITIONAL APPROVAL FOR DEMERGER OF CO'S CONSUMER MOBILE BUSINESS INTO BHARTI AIRTEL.  Full Article

Bharti Airtel Appoints Nakul Sehgal As Corporate CFO
Thursday, 14 Mar 2019 

March 14 (Reuters) - Bharti Airtel Ltd ::SAYS APPOINTS NAKUL SEHGAL AS CORPORATE CHIEF FINANCIAL OFFICER .  Full Article

Bharti Infratel Says Netttle Infrastructure To Buy Upto 32 Pct Stake From Bharti Airtel
Tuesday, 12 Mar 2019 

March 12 (Reuters) - Bharti Infratel Ltd ::SAYS NETTTLE INFRASTRUCTURE TO BUY UPTO 32 PERCENT STAKE IN CO FROM BHARTI AIRTEL.SAYS NETTTLE INFRASTRUCTURE TO BUY STAKE IN CO BY MARCH 18.SAYS AIRTEL'S STAKE IN CO TO REDUCE TO 18.33 PERCENT FROM 50.33 PERCENT.  Full Article

Bharti Airtel Says Promoters To Subscribe To Full Extent Of Rights Entitlement Amongst Themselves Except A Part Renunciation In Favour Of GIC
Thursday, 7 Mar 2019 

March 7 (Reuters) - Bharti Airtel Ltd ::PROMOTERS TO SUBSCRIBE TO FULL EXTENT OF RIGHTS ENTITLEMENT AMONGST THEMSELVES EXCEPT PART RENUNCIATION OF 227.3 MILLION SHARES IN FAVOUR OF GIC.ELIGIBLE MEMBERS OF PROMOTER GROUP RESERVE RIGHT TO SUBSCRIBE EITHER THEMSELVES AND/OR VIA INVESTORS FOR ADDITIONAL SHARES IN ISSUE.  Full Article

Bharti Airtel Approves Raising Of Funds Upto 320 Bln Rupees
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - Bharti Airtel Ltd ::SAYS APPROVES PROPOSAL FOR RAISING OF FUNDS.SAYS APPROVES RAISING OF FUNDS UPTO 320 BILLION RUPEES.FUND RAISING VIA RIGHTS ISSUANCE OF UPTO 250 BILLION RUPEES AND PERPETUAL BOND WITH EQUITY CREDIT UPTO 70 BILLION RUPEES.RIGHTS ISSUE PRICE AT 220 RUPEES PER FULLY PAID EQUITY SHARE.  Full Article

UPDATE 1-UK Stocks-Factors to watch on June 17

June 17 Britain's FTSE 100 index is seen opening 23 points higher at 7,369 on Monday, according to financial bookmakers, with futures up 0.18% ahead of the cash market open.