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Bharti Airtel Increases Equity Capital via FCCB Conversion

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Bharti Airtel Increases Equity Capital via FCCB Conversion

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Bharti Airtel Limited ( (IN:BHARTIARTL) ) has issued an announcement.

Bharti Airtel Limited has announced the allotment of 55,942 equity shares following the conversion of USD 0.40 million worth of Foreign Currency Convertible Bonds (FCCBs) due in 2025. This conversion has resulted in an increase in the company’s paid-up equity share capital, enhancing its financial structure and potentially influencing its market presence.

More about Bharti Airtel Limited

Bharti Airtel Limited is a leading company in the telecommunications industry, offering a variety of services including mobile, broadband, and digital TV. The company primarily focuses on providing services in India and is part of the larger Bharti Enterprises group.

YTD Price Performance: 7.59%

Average Trading Volume: 213,157

Current Market Cap: 10454.2B INR

See more data about BHARTIARTL stock on TipRanks’ Stock Analysis page.

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