Bharti Airtel Limited (BSE:532454) has said its board will meet on January 28, to consider raising funds via a preferential share issue to investors other than its promoter group. The latest round of fund-raising will come a few months after the telco's INR 210,000 million rights issue. a meeting of the board of directors of the company is scheduled to be held on January 28, 2022 to, inter-alia, consider and evaluate the proposal for issuance of equity shares through preferential issue (other than to promoter/promoter group) subject to all such regulatory/statutory approvals as may be required, including the approval of shareholders of the company, Airtel said in an exchange filing January 24, 2022.
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5-day change | 1st Jan Change | ||
1,466 INR | +2.00% |
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+1.47% | +41.94% |
07-12 | More Stable Indian Telco Sector Could Reap Earnings, Credit Metrics Gains, Fitch Says | MT |
07-12 | Bharti Airtel Limited Receives Notice from the Department of Telecommunications | CI |
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
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+41.94% | 105B | |
+16.40% | 60.67B | |
-8.58% | 25.11B | |
+5.00% | 13.68B | |
+10.50% | 10.98B | |
-9.31% | 9.03B | |
+2.01% | 8.89B | |
-34.51% | 7.84B | |
0.00% | 6.83B | |
+19.89% | 6.82B |
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