Bharti Infratel's Rawat not keen to continue as CEO post merger with Indus Tower

Image
Press Trust of India New Delhi
Last Updated : Apr 24 2019 | 10:50 PM IST

Bharti Infratel Wednesday said its current managing director and chief executive D S Rawat is not willing to take up the top job after merger with Indus tower.

Rawat, who will continue to lead the company till the merger, has intended to continue with Bharti group in a senior role, said Bharti Infratel in a BSE filing.

"D S Rawat, the current MD and CEO, Bharti Infratel Ltd, has informed the board of directors in its meeting today that post the merger of Bharti Infratel Ltd and Indus Towers Ltd, he intends to continue within Bharti Group in a senior role and accordingly would not like to be considered for the role of MD and CEO of the merged entity," said Bharti Infratel.

It further said: "He would continue to be the MD and CEO of Bharti Infratel Limited till the merger is completed and would be actively engaged in ensuring smooth integration of the two entities."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 24 2019 | 10:50 PM IST

Next Story