
Bharti Airtel Completes Airtel Africa Stake Acquisition, Increases Stake to 79%
Bharti Airtel Ltd has announced the completion of a composite transaction involving Airtel Africa. The company acquired 595,204,251 shares, representing a 16.3% stake, in Airtel Africa from ICIL on June 22, 2026. This acquisition has increased Bharti Airtel's effective stake in Airtel Africa to approximately 79%. Concurrently, Bharti Airtel's 'Special Committee of Directors for Preferential Issue' approved the allotment of 146,761,335 fully paid-up equity shares to ICIL on a preferential basis. Following this allotment, ICIL now holds approximately 3.25% of Bharti Airtel's total post-issue equity share capital. The company's paid-up equity share capital has also increased to INR 31,201,606,575.00.
Key Highlights
- Bharti Airtel increased its stake in Airtel Africa to ~79%.
- Acquired 16.3% stake in Airtel Africa from ICIL.
- Allotted 146.7 million shares to ICIL on preferential basis.
- ICIL now holds ~3.25% of Bharti Airtel's post-issue equity.
- Company's paid-up equity capital increased to INR 31.2 billion.
Price Impact
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