Airtel shares rise 4% as news of fund raising





Bharti Airtel shares went up more than 4% on the back of the telco’s plans to consider raising funds via a preferential share issue to investors other than its promoter group.

“A meeting of the board of directors of the company is scheduled to be held on Friday, January 28, 2022, to, inter-alia, consider and evaluate the proposal for issuance of equity shares through preferential issue (other than to promoter/promoter group), subject to all such regulatory/statutory approvals as may be