Bharti Airtel promoter to offload 0.8% stake in ₹9,310-cr block deal at ₹1,862/share

The floor price for the deal to offload 0.8% equity in the telecom major has been set at ₹1,862 per share, representing a 3.15% discount to Bharti Airtel’s closing price on Thursday. As part of the transaction terms, a 90-day lock-in period will apply. Shares of Bharti Airtel Ltd ended at ₹1,924.70, down by ₹4.95 or 0.26%, on the BSE today (August 7).

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