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Август
2024

Bharti Airtel delays accessing remaining Rs 15,000 crore rights issue proceeds, cites sufficient cash reserves

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Bharti Airtel decided to defer further calls on its nearly Rs 15,000 crore remaining rights issue proceeds. The telecom giant cited enough cash for immediate needs and a healthy balance sheet. The company raised Rs 5,247 crore in the initial tranche and will call for the remaining funds as necessary, notifying shareholders in advance.



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