Airtel’s shareholders give green signal to its merger with TTSL

The shareholders of Bharti Airtel have given the green signal to the company’s proposed merger with Tata Teleservices Limited (TTSL) during the National Company Law Tribunal (NCLT) proceedings. According to a regulatory filing by Bharti Airtel, the proposed arrangement between TTSL, Bharti Airtel and Bharti Hexacom was approved by a special resolution, which received 99 per cent votes in its favour. The voters comprised promoters, non-institutional shareholders and the public.