Bharti Airtel board to meet on December 4 to consider fundraising plan

Bharti Airtel on Friday said its board would meet on December 4 to consider its fundraising plan. 

The proposal follows the Supreme Court judgment on adjusted gross revenue (AGR).

“A meeting of the board of directors is scheduled to be held on December 4 to, inter-alia, consider and evaluate any and all proposals for raising of funds, either by issuance of equity shares, and or bonds, including foreign currency convertible bonds,” the company said in a filing.

The board will also evaluate raising of funds through debentures, non-convertible debt instruments along with warrants, convertible debentures , securities or any other equity based instruments