Bharti Airtel to raise up to Rs 21,000 cr via rights issue

Under the rights offer, shareholders will receive one new share for every 14 shares held at Rs 535 each, the Sunil Mittal-led telecom company said in a note to stock exchanges on Sunday. The offer is at a nearly 10% discount to the stocks closing price of Rs 593.95 on the BSE on Friday.

via Economictimes