Airtel board to mull fund raising plans, financing strategies on Feb 3

Bharti Airtel’s board, slated to meet on Wednesday, will consider financing strategies and fundraising plans via instruments like debentures, bonds, and loans, as the telecom sector gears up for spectrum auctions and roll-out of new-age technologies.

The telco is also scheduled to announce its third-quarter results on Wednesday.

“…Board of Directors, in its meeting scheduled on Wednesday, February 03, 2021, shall also consider routine financing/ refinancing strategies and any consequent raising of capital through various instruments, including debentures, bonds, loans etc. either denominated in Indian rupees or foreign currency and of suitable tenor and characteristics, subject to applicable regulatory/ statutory approvals,” the company had said in a recent filing.