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Bharti Enterprises’ Space Arm To Invest INR 313 Cr In Eutelsat

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SUMMARY

The infusion is part of Eutelsat’s larger €1.35 Bn rights issue, which will also see participation from shipping company CMA CGM and FSP

With this, Bharti Space ill now own 18.7% stake in Eutelsat and become the second largest shareholder in the satcom company

Bharti Enterprises became the largest shareholder in Eutelsat with a 21.2% share after the merger of Eutelsat with Bharti Enterprises and UK government-backed OneWeb in 2023

Bharti Enterprises’ space arm,…

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