Singtel Arm Pastel Sells 1.59 Percent Stake in Bharti Airtel for Nearly Rs. 7,300 Crore

Pastel, an entity of Singtel, on Thursday divested 1.59 percent stake in Bharti Airtel for Rs. 7,261 crore through an open market transaction. The stake has been picked by Bharti Airtel's promoter Bharti Telecom, as per block deal data with the National Stock Exchange (NSE). According to the data, Pastel offloaded 9,40,00,000 shares, amounting to 1.59 percent stake in...

from Meet Patel