Mittal was re-appointed as the telco’s chairman on October 1, 2016, for a period of five years
Sunil Mittal, founder and chairman of Bharti Enterprises, will be re-appointed to serve as the chairman of telecom arm Bharti Airtel, effective October 1, 2021.
An official statement read, “We are pleased to inform you that subject to the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and approval of shareholders in the ensuing Annual General Meeting, the Board of Directors of the company, in its meeting held on Monday, May 17, 2021, has recommended the re-appointment of Sunil Bharti Mittal as the Chairman of the Company for a further term of five years w.e.f. October 01, 2021.”
Mittal was re-appointed as the telco’s chairman on October 1, 2016, for a period of five years.
The development comes a day after Bharti Airtel’s announcement of its fourth-quarter financial results.
