A company linked to Indian billionaire Sunil Mittal sold Bharti Airtel shares worth $976 million as the telecommunications tycoon seeks opportunities outside India.

Bharti Airtel shares were trading 0.29 per cent lower at Rs 1,670.70. The stock has risen 4.74 per cent in 2025 so far against 3.37 per cent drop in the BSE Sensex.

Bharti Airtel shares fall 1% following ICIL's Rs 8,485 crore block deal; see who the major buyers are and how it affects market momentum.

The block deal, which took place on February 18, involved the sale of 5.1 crore shares, with Bharti Telecom, the promoter of Airtel controlled by Sunil Mittal, acquiring 1.20 crore shares, or 24 per cent of the total shares sold. This helped allocate the remaining shares to key global and domestic investors.

The move underscores Mittal's strategic efforts to generate funds for new ventures while maintaining Bharti Airtel's position as a leading player in India's telecom market.

Indian Continent Investment Limited a promoter-group entity of Bharti Airtel Limited (Airtel), led by billionaire Sunil Mittal, has sold 0.84% shareholding in Airtel through a market transaction. The deal,