rediff.com
REAL-TIME QUOTE
Enter Company or MF
e.g. Tata motors, Reliance MF, 500570
BHARTI AIRTEL LTD. - Announcement under Regulation 30 (LODR)-Acquisition
Download announcement < Back
22 Mar 2021
In furtherance to the earlier communication dated November 20, 2020 (enclosed) and in terms of Regulation 30 of SEBI Listing Regulations, we wish to inform you that the Company has further agreed on March 22, 2021 for acquisition of additional 2,914,100 equity shares (approx. 3.33%) at Rs. 10/- per equity share in Avaada MHBuldhana Private Limited, a special purpose vehicle formed for the purpose of owning and operating the Captive Power Plant, in terms of the regulatory requirement for captive power consumption under electricity laws. The indicative time for completion of the acquisition is April 30, 2021. &lt;BR&gt; &lt;BR&gt; Other details as required to be disclosed under aforesaid Regulation 30 read with SEBI Circular dated September 9, 2015, are same as informed vide earlier disclosure dated November 20, 2020. &lt;BR&gt; &lt;BR&gt; Kindly take the same on record.
View all announcements for BHARTI AIRTEL LTD. Source: BSE India