Airtel’s Decision Not to Access Rights Issue Proceeds is a Flex
Bharti Airtel recently said in an exchange filing that it doesn't need to access the remaining Rs 15,000 crore from the rights issue as it has "adequate" cash to meet its immediate fund requirements. Thus, it was the board's decision that they would defer calling the balance amount on partly paid-up shares of the company. Bharti Airtel announced its quarterly results for Q1 FY25 on Monday and the telco posted... Read More