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ā¢ Bharti Airtel is planning to raise around '8,000 crore through NCDs to subscribe to its balance entitlement in the telco's near '21,000-crore rights issue.
ā¢ Airtel's promoter company, Bharti Telecom, is likely to use the funds raised to subscribe to its balance entitlement in the rights issue.
ā¢ Airtel's promoter group holding is at 54.75%, and they have committed to subscribing to their full rights entitlement.