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Bharti Airtel Limited ( (IN:BHARTIARTL) ) has shared an update.
Bharti Airtel Limited has received a demand notice from the Office of the Collector of Stamps, Mumbai, concerning a short levy of stamp duty on an ‘Agreement of Sale of Power’ executed in 2014, with a penalty imposed amounting to Rs.1,82,47,052. The company is currently assessing the notice and exploring legal options, indicating a potential financial impact equivalent to the penalty amount, which could influence its financial operations.
More about Bharti Airtel Limited
Bharti Airtel Limited, a part of Bharti Enterprises, operates in the telecommunications industry, providing a range of services including mobile, broadband, and enterprise solutions. The company is a major player in the Indian telecom market, focusing on delivering innovative and customer-centric services.
Average Trading Volume: 260,864
Technical Sentiment Signal: Buy
Current Market Cap: 11887.3B INR
For detailed information about BHARTIARTL stock, go to TipRanks’ Stock Analysis page.