Singtel may sell 0.8% stake in Bharti Airtel via ₹10,300-crore block deal: Sources
Published on 06/11/2025 06:35 PM
Singtel may sell 0.8% stake in Bharti Airtel via ₹10,300-crore block deal: SourcesSingtel is reportedly planning to sell a 0.8% stake in Bharti Airtel through a ₹10,300-crore block deal at a floor price of ₹2,030 per share. The development follows the telecom major’s strong Q2 FY26 results, where net profit rose 14.2% sequentially to ₹6,791 crore.By Sudarshan Kumar | Megha Rani November 6, 2025, 6:35:23 PM IST (Updated)2 Min ReadA block deal in Bharti Airtel Ltd has been launched, with Singapore Telecommunications Ltd (Singtel) likely to offload around 0.8% stake in the telecom major, according to sources. The total block size is estimated at ₹10,300 crore, with a floor price of ₹2,030 per share, representing a 3.1% discount to the company’s current market price.
The transaction could take place either through the offer-for-sale (OFS) route or a direct block trade, sources added.
Earlier stake sale by promoter entity
Earlier, on August 8, Indian Continent Investment, a promoter entity of Bharti Airtel, sold around 1% shareholding—equivalent to 60 million shares—for approximately ₹11,200 crore via a market transaction.
The company said the placement attracted strong demand from marquee domestic and global long-only investors, comprising both new and existing shareholders. The proceeds from that sale were earmarked to strengthen the promoter’s balance sheet and maintain prudent leverage.
On August 7, CNBC-TV18 had reported that a Bharti Airtel promoter entity launched a block deal to offload 0.8% equity for around ₹9,310 crore, with a floor price of ₹1,862 per share.
As of the June 2025 quarter, Bharti Telecom held 40.47% stake in Bharti Airtel, while Indian Continent Investment and Pastel owned 2.47% and 8.32%, respectively.
Q2 results
Telecom giant Bharti Airtel Ltd reported a consolidated net profit of ₹6,791 crore for the July-September quarter (Q2 FY26), marking a 14.2% quarter-on-quarter rise from ₹5,948 crore and beating CNBC-TV18’s estimate of ₹6,600 crore.
Revenue climbed 5.4% sequentially to ₹52,145 crore, up from ₹49,462 crore, surpassing street expectations of ₹51,006 crore.
Also Read: Kirloskar Ferrous Q2 net profit rises 11% to ₹86.2 cr; Revenue up 5% YoYContinue ReadingFirst Published: Nov 6, 2025 6:35 PM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsBharti AirtelBharti Airtel resultsblock dealSingTelTelecom