Airtel promoters to sell shares worth over Rs 9,000 crore in block deal: Report

Bharti Airtel's promoters, through Indian Continent Investment, plan to sell shares worth up to Rs 9,310 crore via a block deal, representing 0.8% of the company's equity. The floor price is set at Rs 1,862 per share, a 3.15% discount. Jefferies and JPMorgan are managing the deal, expected to draw strong institutional interest despite potential near-term stock pressure.