Bharti Airtel Completes Conversion of Equity Shares Upon Receipt of First and Final Call Payments

Bharti Airtel Completes Conversion of Equity Shares Upon Receipt of First and Final Call Payments​

Bharti Airtel Limited has approved the conversion of partly paid-up equity shares into fully paid-up equity shares following the receipt of payments related to its First and Final Call notice. The move was sanctioned by a Special Committee of Directors for Rights Issue, a duly authorized committee of the Board of Directors.

The company received an aggregate amount of INR 190.32 million against valid applications for the First and Final Call. This payment covered 460,833 partly paid-up equity shares from eligible shareholders. In response to this receipt, the Board approved converting these 460,833 shares—which had a face value of INR 5 each and a paid-up value of INR 1.25 per share—into fully paid-up equity shares (ISIN INE397D01024).

The converted shares will rank pari passu with all existing fully paid-up equity shares and are available for trading on the stock exchanges, subject to necessary formalities and listing approvals.

Post Conversion Capital Structure Update​

Following this conversion, Bharti Airtel reported a significant increase in its paid-up equity share capital. The total paid-up equity share capital of the Company now stands at INR 31,203,334,699.

The updated capital structure is as follows:


The company stated that the remaining balance of 649,835 partly paid-up equity shares—on which the First and Final Call remains unpaid—will be addressed through reminder notice(s) issued in due course.

BHARTIARTL Stock Price Movement​

Bharti Airtel Limited shares slipped today, settling at ₹1898.2 after posting a 0.31% decline in post-market trading. The equity saw a traded volume of 4.48 million shares during the session.