Business

Airtel board to meet next week on strategic plans, rejig of subsidiaries' shareholding framework

Bharti Airtel on Friday said its board will meet on February 17 to discuss the future strategic plans and reorganisation of the shareholding framework of subsidiary companies.

migrator

New Delhi

This may lead to consolidation/ acquisition of shares of subsidiary companies, ''the consideration of which may be discharged through the issuance of equity shares of the company on a preferential basis and/or cash'', the company said in a regulatory filing. 

''...a meeting of Board of Directors of the company is scheduled to be held on...February 17, 2021, to discuss the future strategic plans and reorganisation of the shareholding framework of subsidiary company(ies)...,'' the filing added.

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

Chennai sees sharp rise in air pollution after Deepavali celebrations

Mumbai: 700 gm premature baby gets new life after five-month battle

Toll in OIL's Assam facility fire rises to 4 as another injured dies; 4 suspended

One child dead, 269 treated for burn injuries in TN during Deepavali

"Stamp out this hate directed toward Hindus": US Congressman Krishnamoorthi slams Seattle Diwali celebration disruption by far-right activist Jake Lang

SCROLL FOR NEXT