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Airtel Board Sets Up Panel To Explore Fund Raising Options For Strengthening Balance Sheet

by moneycontrol.com posted 11months ago 40 views
According to reports, the company has plans to raise around $2 billion. : Telecom operator Bharti Airtel board 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 fundraising' to comprehensively explore/evaluate various options of fundraising 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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