Bharti to file for ADR soon

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CIOL Bureau
New Update

NEW DELHI: Bharti Televentures Ltd, India's top listed mobile services firm, will file documents with the Securities Exchange Commission for a sponsored share offering in a few months, the firm's chairman said.

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"We will be doing the SEC filing for the sponsored ADR (American Depository Receipt) in the next few months," Sunil Mittal told reporters.

Bharti has shareholder's permission for sponsoring an offer of upto 200 million shares.

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