Bharti Airtel to allot 38.6 lakh equity shares to certain FCCB holders
Friday, 2 February 2024
Bharti Airtel will allot 38.6 lakh equity shares at Rs 518 per share to certain FCCB holders, increasing the company's paid-up equity share capital. The telco's committee of directors for fundraising approved the allotment of shares to the FCCB holders. FCCBs are debt instruments that allow bondholders to convert their holdings into stocks.
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