Bharti Airtel’s shares are expected to see a major block transaction as key promoter entity Indian Continent Investment Limited (ICIL) plans to sell around 34.3 million shares, as per the deal’s term sheet. The transaction will be executed via the block deal window.
The sale amounts to roughly 0.56 per cent of Airtel’s equity and is valued at about $806 million (Rs 72 billion) at the offer price.
As of September 2025, ICIL held around 1.48 per cent stake in the telecom operator. Similarly, the latest divestment will bring the promoter entity’s shareholding below 1 per cent. After the transaction, ICIL will face a 90-day lock-up period on its remaining stake.
Additionally, Goldman Sachs (India) Securities is serving as the sole placement agent for the block sale, according to the term sheet.
