Bharti Enterprises to invest Rs 3.13 billion as part of Eutelsat’s €1.35 billion capital raise

Bharti Enterprises is set to invest Euro 31.4 million (approximately Rs 3.13 billion) in French satellite firm Eutelsat’s Euro 1.35 billion (around Rs 112.5 billion) capital raising initiative. As part of the capital infusion, the French government will also contribute Euro 526.4 million, becoming Eutelsat’s largest shareholder with a 29.99 per cent stake, surpassing Bharti Space, which will now hold an 18.7 per cent stake.