Bharti Airtel: Fund raising meet eyed

| Updated on December 03, 2019 Published on December 04, 2019


The board of Bharti Airtel will meet on Wednesday to consider fund-raising plans. Among the proposals are issuance of equity shares, and/or bonds including FCCBs, debentures, non-convertible debentures alongwith warrants/convertible debentures and any other equity-based instruments through qualified institutional placement or rights issue.

Bharti Airtel may raise $3 billion (around ₹21,500 crore) to meet the adjusted gross revenue liability and to invest in its network.

Published on December 04, 2019
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