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Airtel Board Sets Up Committee To Explore Options For Raising Funds | Business Standard News

by business-standard.com posted 1month ago 22 views
According to reports, the company has plans to raise around $2 billion. : Telecom operator Bharti Airtel board on Thursday constituted a committee to explore options for raising funds to strengthen company's balance sheet. "The company at its meeting held today has formed and authorised 'special committee of directors for fund raising' to comprehensively explore/evaluate various options of fund raising for the company to strengthen its capital structure and balance sheet," Bharti Airtel said in an exchange filing. The committee will have to place the final recommendation before the board for its approval and final decision, it added.

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