Shares of Bharti Airtel will turn ex-rights on Tuesday, April 23. The company plans to raise ₹25,000 crore through the issue from eligible shareholders as on the record date (April 24) at a price of ₹220 a share. The rights entitlement ratio is 19 shares for every 67 shares held in the company. The Bharti Airtel promoter group, including Singtel and Bharti Telecom, and the Singapore government’s investment arm GIC Pvt Ltd, would subscribe to the rights issue.
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