Airtel board to meet today to consider fundraising options

The board of Bharti Airtel will meet on Sunday to consider various fundraising plans, including equity and debt. “A meeting of the board of directors of the company is scheduled on Sunday, August 29, 2021, to inter-alia consider various capital raising options through equity or equity linked or debt instruments or any combination there-of,” Bharti Airtel said in a regulatory filing to the stock exchanges earlier on Wednesday.

The board to consider capital raising options through equity or equity-linked debt instruments or any combination thereof including through rights issue, qualified institutions placement, preferential issue, convertible instruments issued domestically or foreign currency convertible bonds,