Archive · 25 Nov 2025
ICIL Sells 0.56% Stake in Bharti Airtel
Indian Continent Investment Ltd (ICIL), which is a big part of Bharti Airtel, is selling some of its shares.
They are selling shares worth ₹7,100 crore, which is about 0.56% of the company.
The shares are being sold at a small discount.
The sale is happening on Wednesday, and the shares will be offered at a price of ₹2,096.70 per share.
After the sale, ICIL has to wait 90 days before they can sell any more shares.
The company that is helping with the sale is Goldman Sachs (India) Securities Private Ltd.
Indian Continent Investment Ltd (ICIL) is selling 3.43 crore shares (0.56% stake) in Bharti Airtel worth ₹7,100 crore ($806 million).
The shares are being sold at a 3% discount to the last close price of ₹2,161.60, at a floor price of ₹2,096.70 per share.
The block trade is expected to be completed on November 25, 2025, with Goldman Sachs (India) Securities Private Ltd acting as the Sole Placement Agent.
ICIL agreed to a 90-day lock-in period for its remaining stake in Bharti Airtel after the transaction.
Investors are required to pay a 0.25% brokerage commission, along with Securities Transaction Tax and service charges.
- Who
- Indian Continent Investment Ltd (ICIL), Bharti Airtel Ltd
- What
- Sale of 0.56% stake in Bharti Airtel
- When
- November 25, 2025
- Where
- India
- Why
- Divestment of a portion of ICIL's stake in Bharti Airtel
- Company
- Bharti Airtel Ltd
- Stake Sold
- ₹7,100 crore ($806 million)
- Shares Sold
- 3.43 crore (34.3 million)
- Share Percentage
- 0.56%
- Share Price
- ₹2,096.70
- Discount
- 3%
- Last Close Price
- ₹2,161.60
- Lock-in Period
- 90 days
- Brokerage Commission
- 0.25%
- Placement Agent
- Goldman Sachs (India) Securities Private Ltd
Sources
Indian Continent Investment likely to sell ₹7,100 crore stake - CNBC TV18
ICIL to sell Rs 7,195 cr stake in Bharti Airtel, reducing holding below 1%; check details
ICIL to sell 0.56% stake in Bharti Airtel for $806 million
ICIL to sell 0.56% stake in Bharti Airtel for $806 million
Mittal-led promoter entity to sell 0.6% stake in Bharti Airtel via bulk deal
