Airtel Board to meet next week to discuss strategic plans etc

The board of Bharti Airtel will meet on February 17 to discuss the future strategic plans and reorganisation of the shareholding framework of subsidiary companies.

'...a meeting of Board of Directors of the company is scheduled to be held on...February 17, 2021, to discuss the future strategic plans and reorganisation of the shareholding framework of subsidiary company(ies)...,' the company said in a regulatory filing.

This may lead to consolidation/ acquisition of shares of subsidiary companies 'the consideration of which may be discharged through the issuance of equity shares of the company on a preferential basis and/or cash', the filing said.