AZB acts for Bharti Airtel on Nettle, Telesonic, Airtel Digital internal restructuring

Bharti Airtel’s board approved the amalgamation of wholly-owned arms, Nettle Infrastructure Investments Ltd, Airtel Digital Ltd and Telesonic Networks Ltd with and into the Sunil Mittal-led parent company. The board also cleared the demerger of the company’s telecom business, and vesting the same with a new wholly-owned arm, Airtel Ltd, on a going concern basis subsequent to the completion of the aforesaid amalgamations.

Economic Times

AZB & Partners advised Bharti Airtel Limited led by a team of partners Anil Kasturi, Niladri Maulik, Bharat Apte and Jaishree Tolani Lamba.

2021-04-14

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Comments

Guest 8 May 2021, 02:15
+1 -0
AZB is not slowed down by pandemic,it's picked up speed and churning some deal or the other.Kudos to the teams.