This sorry saga relates to Bharti Telecom, the unlisted holding company of the Bharti Group.
In Jan, 2018, the following valuation report was submitted which valued the shares of Bharti Telecom @ Rs.310 per share.
In Feb, 2018, Singtel invests in Bharti Telecom @ 310 Rs/share investing a whopping Rs.2,649 Crores.
Fast forward to June 2018,the good folks at Bharti Telecom now want to extinguish the shares held by minority shareholders @ 163.25 Rs/share !!