India, Feb. 18 -- A promoter group company of Bharti Airtel Ltd called Indian Continent Investment Ltd (ICIL) has sold Rs.8,485.11 crore worth of its stake in the telecom provider on Tuesday, February 18, 2025.

This amounts to 5.11 crore shares, which is 0.84% of ICIL's stake in Airtel, the company announced in its exchange filing.

Bharti Telecom Ltd, the main promoter of Airtel, bought 1.20 crore of these shares, which is 24% of ICIL's sale.

Airtel has Bharti Telecom as its main promoter and three other companies as promoter group entities. These include ICIL, Pastel Ltd, and Viridian Ltd.

ICIL owns 3.31% of the company, while Pastel owns 9.50% of the company and Viridian currently does not have a stake in the company, as per data fr...