Indian Continent Investment, led by Sunil Mittal, plans to sell approximately 0.8% of its stake in Bharti Airtel for over ₹9,300 crore through a block deal. The sale involves five crore shares at a floor price of ₹1,862 per share, a 3% discount. This follows a similar stake sale in February, with Bharti Airtel’s shares showing significant gains this year.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets