Comfort Investments II agreed to acquire 25% stake in Nxtra Data Limited from Bharti Airtel Limited (BSE:532454) for INR 17,880 million on July 1, 2020. Terms of Agreement entered into between the parties, which include conversion of 17.88 million Non-Cumulative 0.0001% Compulsory Convertible Preference Shares of face value of INR 1000/- each aggregating to INR 17,880 million.

Comfort Investments II completed the acquisition of 24.04% stake in Nxtra Data Limited from Bharti Airtel Limited (BSE:532454) on June 22, 2022.