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Chahat Aggrawal

16th May 2025 · SEBI-Registered Analyst

BHARTIARTL
: Singtel to Offload ₹8,500 Cr Stake via Block Deal

📉 Singtel plans to sell nearly 5 crore shares in Bharti Airtel through a block deal worth ₹8,500 crore ($1 billion). The floor price is set at ₹1,800 per share — a 3.6% discount to market price. Singtel currently holds a 9.49% stake in the telecom major.

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