Bharti Airtel set for block deal tomorrow; Promoter to sell 0.8% stake for ₹8,000 crore

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The deal involves the sale of 48.2 million shares, equating to around ₹8,000 crore (approximately $922 million USD) at the offer floor price. This will be a secondary sale, with 100% of the shares being sold by the promoter entity. The deal is expected to close on February 20, 2025, and the settlement is scheduled for the same day (T+1).

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