Bharti Airtel Board of Directors to Meet on August 29 to Consider Fundraising Options

Telecommunications operator Bharti Airtel said on Wednesday that its board of directors will meet on August 29 to consider various options for raising capital.

The fundraising options involve equity instruments or tied to equity or debt, the company said in a regulatory filing.

He did not disclose the amount of the planned fundraiser or give any other details.

“… a meeting of the Board of Directors of the company is scheduled for Sunday August 29, 2021, to consider among other things various options for raising capital through equity instruments or linked to equity or debt or any combination of these, as the board of directors may deem appropriate, “Bharti Airtel said in a BSE filing.

(Only the title and image of this report may have been reworked by Business Standard staff; the rest of the content is automatically generated from a syndicated feed.)

Dear reader,

Business Standard has always strived to provide up-to-date information and commentary on developments that matter to you and have broader political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these difficult times resulting from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative views and cutting edge commentary on relevant current issues.
However, we have a demand.

As we fight the economic impact of the pandemic, we need your support even more so that we can continue to provide you with more quality content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscriptions to our online content can only help us achieve the goals of providing you with even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital editor

Source link

Previous Tempest Minerals Ltd Suspends Trading With Pending Capital Raise News
Next Viva Leisure (ASX: VVA) share price drops 7% following capital raising efforts

No Comment

Leave a reply

Your email address will not be published. Required fields are marked *