TCIL may offload 5-10% in Bharti Hexacom via OFS

December 3, 2024

State-run Telecommunications Consultants India Ltd (TCIL) is set to finalize the minimum pricing and terms for an offer-for-sale (OFS) to divest 5-10% of its remaining stake in Bharti Hexacom. The Union government, through TCIL, owns a 15% stake in Bharti Hexacom, in which Bharti Airtel, led by Sunil Mittal, holds 70%.

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