Bharti Airtel Update by Epic Research

Reserve Bank of India has increased the limit of investments by Foreign Institutional Investors (FIIs)/Registered foreign portfolio investors in Bharti Airtel to 74% of the company’s paid-up capital. The company has already passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of its equity shares and convertible debentures by FIIs.



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Posted in: Indian Market Tips