Integrated Core Strategies sells Bharti Airtel shares worth Rs2062 crore

MUMBAI: Singapore-based investment company Integrated Core Strategies (Asia) Pte. Ltd on Friday sold 37 million shares of Bharti Airtel Ltd for Rs2,062 crore through an open market transaction, as per data available with stock exchanges.

Integrated Core Strategies (Asia) Pte sold 3,70,59,893 shares of Bharti Airtel at an average price of Rs556.46 apiece totalling Rs2,062.23 crore, as per bulk deals data available on the National Stock Exchange.

In August, Integrated Core Strategies (Asia) had acquired 3.80 crore shares, or 0.7% stake in Bharti Airtel via a bulk deal.