The proposed transaction will be executed by the Indian continent investment, a promoter group unit. The report stated that the stock sales will include 50 million equity shares, which accounts for about 0.8% of the company’s total equity base.
The floor price for the block deal is set to Rs 1,862 per share, which represents a discount of 3.15% in the final closing price of Bharti Airtel. Based on this pricing, the total deal size can go up to Rs 9,310 crore, which is one of the major secondary deals in the Indian market this year.
Jeffers India and JP Morgan India have been appointed as a joint placement agent for the deal. The block deal route allows large shareholders to sell bets in listed companies through single transactions without significantly affecting stock price.
Bharti Airtel’s stock has been one of the better artists in the telecom sector in the last one year, tariff hike, strong subscriber additions in the premium segment and a steady increase in average revenue in the user (ARPU). However, the announcement of the block deal may put some close pressure on the stock.
The company has not yet issued an official statement regarding the deal. However, block deals of this nature are usually used by promoter groups or large institutional investors to mud the part of their holding, sometimes to fund new enterprises or imbalance portfolio of June 2025. Planned sales will reduce their stake slightly, but the company will continue tightly. The deal is expected to attract strong institutional interests, especially from investors for a long time, given the company’s strong infrastructure and frequent operations.