New Delhi, Aug 26 (PTI) Shares of Bharti Airtel Ltd on Thursday dived over 4 per cent a day after the company announced that its board will meet to consider plans for raising capital.

On BSE, the scrip, after opening on a weak note of Rs 610.75, further went down to an intra-day low of Rs 583.7.

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It settled 4.18 per cent lower at Rs 586.85.

On NSE, the scrip opened at Rs 610 and touched a low of Rs 584.3 before ending at Rs 585.4, down 4.42 per cent over the previous close.

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In a regulatory filing on Wednesday, the firm informed that 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 thereof, as the board, may deem appropriate."

(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)