Telecom major Bharti Airtel Limited (BSE:532454) has started the process of taking its wholly-owned subsidiary Bharti Hexacom Limited public, a media report stated. The move is aimed at facilitating an exit to Telecommunications Consultants India Limited (TCIL), which has a 30% stake in the company and is a Government of India enterprise, the report said. The report further said Bharti Hexacom's valuation is likely to be pegged at INR 200,000 million and the listing process will likely be completed by early 2024.

Bharti Airtel's holding in Bharti Hexacom stands at 70%.