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Bharti Airtel to allot 38.6 lakh equity shares to certain FCCB holders
Credit: IndiaTimes- Published on February 2, 2024
Bharti Airtel will allot 38.6 lakh equity shares at Rs 518 per share to certain FCCB holders, increasing the company's paid-up equity share capital. The telco's committee of directors for fundraising approved the allotment of shares to the FCCB holders. FCCBs are debt instruments that allow bondholders to convert their holdings...
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