Bharti Airtel defers Q2 results

Till 14 November 2019

Bharti Airtel informed that the management of the Company recommended to the Board of Directors that the agenda item related to the approval of audited financial results for the second quarter (Q2) and half year ended 30 September 2019 which was to be a part of the Board meeting today be deferred till 14 November 2019 on account of the fact that more clarity is needed on the AGR matter arising out of recent judgement of Hon'ble Supreme Court. The Company is approaching DoT to seek clarity on the total amounts involved and request for their support to deal with this adverse outcome.

The Board of Directors, in its meeting held today, has accepted the management's recommendation and deferred the agenda item relating to the approval of the said financial results till 14 November 2019.

All other agenda items shall be taken up by the Board in the meeting to be resumed today in the ordinary course.

Powered by Capital Market - Live News