VCCircle Adds: Manoj Kohli has said that he continues to be CEO and Joint Managing Director at Bharti Airtel and sold the shares for personal reasons. He said he continues to hold 180,000 options in the company.
Bharti Airtel’s chief executive, Manoj Kohli, has sold his entire holding in the telecoms firm through open-market transactions, stock exchange data showed on Thursday.
Kohli, who owned 123,000 shares, sold 53,000 shares on March 6 and 70,000 shares on March 9, exchage data showed.
Bharti shares were trading 3.1 percent down at 569.60 rupees at 10:26 a.m. (0456 GMT), while the main BSE index 1.7 percent.