Bharti Airtel’s board of directors is scheduled to meet on February 17, 2021 to discuss the company’s strategic plans for the future as well as the reorganisation of shareholding framework of subsidiary company/ companies.
According to the company, the reorganisation of the shareholding framework may result in consolidation/acquisition of shares of subsidiary company (ies) that concentrate of which may be discharged through issuance of equity shares of the company (ies) on a preference basis and/cash preferential basis.
