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Bharti Airtel to raise up to $3 billion gets shareholders' nod

Shortpedia

Content Team
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Shareholders of Bharti Airtel have approved proposals to raise up to $2 billion in equity and another $1 billion in debt. The proposal for issuance of securities for an amount up to $2 billion received 99.99 percent votes in favour of the special resolution at the company's EGM held on January 3, a regulatory filing showed. This also received 99.99 per cent votes in favour of the proposal.