December 27, 2006
The media had reports that Bharti Airtel Limited is planning to hive off its telecom infrastructure into four companies.
The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.
Bharti Airtel Limited has vide its letter inter-alia stated, "In this regard please note that the company is exploring several opportunities in this regard but these are at preliminary stage and has not been approved by the Board as of date. Further, the company will make the necessary disclosure at the relevant time, if applicable."
Source: National Stock Exchange of India Limited
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