Singtel

Shares of Bharti Airtel, sold by Pastel Ltd, were acquired at ₹686 apiece, taking the transaction value to ₹6601.68 crore.

Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and'). Bharti Telecom, at present, holds a 35.85 per cent stake in Bharti Airtel. Singtel, at present, holds a 50.56 per cent stake in Bharti Telecom and the Mittal family holds 49.44 per cent. At the end of the June quarter, Bharti Telecom Ltd owned a 35.85 per cent stake in the company, the shareholding pattern showed with the exchange. According to the bulk deal data available with the NSE, Bharti Telecom purchased 9,62,34,427 shares, amounting to a 1.63 per cent stake in the company.

Bharti Airtel promoter Bharti Telecom Ltd has bought a 1.63 per cent stake from Singtel entity Pastel Ltd for ₹ 6,602 crore through an open market transaction.

"Singtel entities have jointly offloaded a total of 1.76 per cent shares on Wednesday. Bharti Telecom at present holds a 35.85 per cent stake in the country's second-largest telecom service provider Bharti Airtel. Singtel at present holds a 50.56 per cent stake in Bharti Telecom and the Mittal family holds 49.44 per cent. At the end of the June quarter, Bharti Telecom Ltd owned a 35.85 per cent stake in the company, the shareholding pattern showed with the exchange. The shares of Bharti Airtel Ltd were sold by Pastel Ltd, a unit of Singapore Telecommunications Ltd (Singtel). Bharti Airtel promoter Bharti Telecom Ltd has bought a 1.63 per cent stake from Singtel entity Pastel Ltd for ₹ 6,602 crore through an open market transaction.

Singtel entities have jointly offloaded a 1.76 per cent stake in Bharti Airtel for about Rs 7128 crore, according to sources.

[Bharti Airtel](/topic/bharti-airtel) promoter Bharti Telecom Ltd has bought a 1.63 per cent stake from [Singtel](/topic/singtel) entity Pastel Ltd for Rs 6,602 crore through an open market transaction. [Singtel](/topic/singtel) entities have jointly offloaded a total of 1.76 per cent shares on Wednesday. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world.

Block deal data, though, shows that BTL bought a total 96.2 million shares in Airtel for ₹6604 crore. The balance 7.8 million shares were acquired by the ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). After Singtel concludes its targeted 3.33% stake sale in Airtel, BTL will eventually own 38.75% in the Indian telco. Bulk of these [shares](/definition/shares)have been acquired by Bharti Telecom Ltd (BTL), a key promoter company of the Indian telco. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) Assuming the Viridian block deal was done at the same price, the shares were sold for around Rs 750 crore. The Mittals and Singtel will continue to own 50.56% and 49.44% respectively in BTL, which won’t change after the deal. [Sebi Mulls Allowing PEs to Own AMCs](/epaper/delhicapital/2022/sep/08/et-front/sebi-mulls-allowing-pes-to-own-amcs/articleshow/94061200.cms) [Finmin Okays Vi Dues Conversion to Govt Equity](/epaper/delhicapital/2022/sep/08/et-front/finmin-okays-vi-dues-conversion-to-govt-equity/articleshow/94061205.cms) [Chartbuster: India’s Global Market Cap Share At All-Time High](/epaper/delhicapital/2022/sep/08/et-front/chartbuster-indias-global-market-cap-share-at-all-time-high/articleshow/94061707.cms) According to NSE block deal data, Pastel Ltd, a Singtel affiliate, sold 93.1 million shares—or 1.58% of Airtel's equity—in the Indian telco at Rs 687.31 a piece to BTL, aggregating Rs 6,399 crore. Singtel is believed to have offloaded a total 104 million [Singtel](/topic/singtel), is believed to have sold around 1.76% stake in [block deals](/topic/block-deals), aggregating to around Rs 7,148 crore.

Bharti Airtel promoter Bharti Telecom Ltd has bought a 1.63 per cent stake from Singtel entity Pastel Ltd for Rs 6602 crore through an open market ...

"Singtel entities have jointly offloaded a total of 1.76 per cent shares on Wednesday. Singtel at present holds a 50.56 per cent stake in Bharti Telecom and the Mittal family holds 49.44 per cent. At the end of the June quarter, Bharti Telecom Ltd owned a 35.85 per cent stake in the company, the shareholding pattern showed with the exchange. Last Updated: 08th September 2022 12:57 PM Published: 08th September 2022 12:57 PM Bharti Airtel promoter Bharti Telecom Ltd has bought a 1.63 per cent stake from Singtel entity Pastel Ltd for Rs 6,602 crore through an open market transaction.

Bharti Telecom bought 9,62,34,427 shares, representing a 1.63% stake in the company, according to block trade data provided by the National Stock Exchange (NSE) ...

Bharti Telecom currently owns a 35.85% stake in Bharti Airtel, the country’s second-largest telecom service provider. The family of Bharti Group chairman Sunil Bharti Mittal and Singtel are co-investors in Bharti Telecom Ltd (BTL). Shares of Bharti Airtel were down 1.22% at Rs 752 at the close on NSE. Bharti Airtel promoter Bharti Telecom Ltd bought a 1.63% stake from Singtel entity Pastel Ltd for Rs 6,602 crore in an open market transaction. Bharti Telecom bought 9,62,34,427 shares, representing a 1.63% stake in the company, according to block trade data provided by the National Stock Exchange (NSE). “Singtel entities jointly reduced their holdings by 1.76% on Wednesday.

Bharti Airtel promoter Bharti Telecom Ltd has bought a 1.63 percent stake from Singtel entity Pastel Ltd for Rs 6,602 crore through an open market transaction.

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We deliver over 10 - 15 high quality articles with expert insights and views. ''Singtel entities have jointly offloaded a total of 1.76 percent shares on Wednesday. Bharti Telecom at present holds a 35.85 percent stake in the country's second-largest telecom service provider Bharti Airtel. Singtel at present holds a 50.56 percent stake in Bharti Telecom and the Mittalfamily holds 49.44 percent. At the end of the June quarter, Bharti Telecom Ltd owned a 35.85 percent stake in the company, the shareholding pattern showed with the exchange.

Promoter Bharti Telecom Ltd of Bharti Airtel paid Pastel Ltd of Singtel Rs6,602 crore in an open market deal for a 1.63 % share in the company.

Data does not seem to convincingly prove that short periods of high returns are always followed by meagre returns. You can have prolonged periods of time, when sanity takes a back seat and excesses happen. Sep 08, 2022