Bharti Airtel converts 391 million partly paid shares to fully paid, raising ₹156,959.77 million

Kinjal — Wed, 18 Mar 2026 17:30:47 +0000

Bharti Airtel has successfully converted 391,176,994 partly paid-up equity shares into fully paid-up equity shares. This conversion follows the receipt of an aggregate amount of ₹156,959.77 million from eligible shareholders towards the First and Final Call of ₹401.25 per share. The First and Final Call included ₹3.75 towards face value and ₹397.50 towards premium.

The Special Committee of Directors for Rights Issue, an authorised committee of Bharti Airtel‘s Board of Directors, approved the conversion of these shares, which had an initial paid-up value of ₹1.25 each. The shares have now been converted to fully paid-up equity shares of face value ₹5 each, under the existing ISIN INE397D01024.

Following this conversion, the fully paid-up equity shares will hold equal status with the existing fully paid-up equity shares and will be available for trading on the National Stock Exchange of India Limited and BSE Limited, subject to the completion of necessary formalities and receipt of requisite approvals from the stock exchanges.

As a result of this conversion, Bharti Airtel’s paid-up equity share capital has increased to ₹30,467,799,900. This capital is divided into 6,093,282,313 fully paid-up equity shares of ₹5 each and 1,110,668 partly paid-up equity shares of ₹5 each, with a paid-up value of ₹1.25 each.

For the remaining 1,110,668 partly paid-up equity shares on which the First and Final Call remains unpaid, Bharti Airtel plans to issue reminder notices in accordance with applicable laws and subject to necessary approvals from the Board or its committees.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Rohit Krishan Puri | Business Upturn

Bharti Airtel converts 391 million partly paid shares to fully paid, raising ₹156,959.77 million