Bharti Airtel share price jumps almost 4% after BTL, Singtel agree for share re-structuring; check details of share acquisition
Shares of Bharti Airtel rose almost four per cent in BSE intraday trade on Thursday after Bharti Telecom Limited (BTL) announced to further strengthen its position in the telecom company.
As per the share restructuring, BTL will raise its stake in Bharti Airtel, while Singtel will sell 3.3% stake to the tune of Rs 12,890 crore in the company. Source: Reuters