New Delhi, Feb 12 (PTI) Bharti Airtel on Friday said its board will meet on February 17 to discuss the future strategic plans and reorganisation of the shareholding framework of subsidiary companies.
This may lead to consolidation/ acquisition of shares of subsidiary companies, "the consideration of which may be discharged through the issuance of equity shares of the company on a preferential basis and/or cash", the company said in a regulatory filing.
"...a meeting of Board of Directors of the company is scheduled to be held on...February 17, 2021, to discuss the future strategic plans and reorganisation of the shareholding framework of subsidiary company(ies)...," the filing added.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)













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