As per news reports, in a major block deal, Singapore Telecommunications (Singtel), one of the key promoters of Bharti Airtel, is set to offload nearly 5 crore shares in the telecom giant. The deal, valued at ~₹8,500 crore (around $1 billion).
As per the term sheet, Singtel will execute the stake sale through its wholly-owned subsidiary, Pastel Ltd, which currently holds 9.49% in Bharti Airtel. In total, Singtel owns nearly 12% in the company as of March 2025, including a 2.47% stake through another arm, India Continent Investment.
The reports stated that JP Morgan India is managing the deal as the appointed broker. The stake sale is being executed through the accelerated book-building route. This method involves institutional investors being invited to express interest post-market hours, and once the book is built, shares are transferred on the bourses the next day.
Meanwhile, Airtel has launched a cutting-edge AI-powered threat detection system to combat rising online fraud. The new solution will block malicious websites in real time across all platforms, including OTT apps like WhatsApp, Telegram, and Instagram, as well as emails, browsers, and SMS.
The service will be auto-enabled and free for all Airtel mobile and broadband users. When a harmful site is detected, users will be redirected to a warning page. This initiative is part of Airtel’s broader effort to protect consumers from evolving digital scams and ensure a safer internet experience across devices.
On May 16, 2025, Bharti Airtel share price opened at ₹1,834.00, down from its previous close of ₹1,867.20. At 9:22 AM, the share price of Bharti Airtel was trading at ₹1,818.50, down by 2.61% on the NSE. Notably, the stock price hit its 52-week high recently on May 7, 2025, at ₹1,917.00.
Also Read:Bharti Airtel Revenue Surges 27% in Q4 FY25 Results!
This move by Singtel marks a strategic financial decision as it partially pares its stake in Bharti Airtel while unlocking significant capital.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: May 16, 2025, 9:34 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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