Bharti Airtel Issues Reminder Notice for First and Final Call on Partly Paid-up Equity Shares

Bharti Airtel Issues Reminder Notice for First and Final Call on Partly Paid-up Equity Shares​

Bharti Airtel Limited has issued a reminder notice regarding the payment of the First and Final Call on its partly paid-up equity shares. The notice addresses shareholders holding outstanding shares that have not yet paid the specified call amount.

The notification confirms that while 391,176,994 partly paid-up equity shares were successfully received and converted into fully paid-up shares by the company during the initial payment period ending March 18, 2026, a balance of 1,110,668 partly paid-up equity shares remains outstanding for which the First and Final Call is due.

The Special Committee of Directors for Rights Issue, an authorized committee of the Board of Directors, approved the issuance of this reminder notice on July 1, 2026.

First and Final Call Details​

The payment required per partly paid-up equity share is INR 401.25. This amount comprises INR 3.75 towards face value and INR 397.50 towards premium. Shareholders must also account for applicable interest, which is calculated at the rate of 10% per annum from March 17, 2026, until the date of payment.

A summary of the call payment details is provided below:

Payment Mechanisms and Consequences of Non-Payment​

The company has established multiple methods for payment. Resident shareholders can utilize the R-WAP portal on KFin Technologies Limited's website via net banking or UPI. Other eligible shareholders must pay by depositing a Cheque or Demand Draft at designated collection centers of Kotak Mahindra Bank. Payment is strictly not accepted in cash, and no part payment will be accepted; the full outstanding amount including interest is required.

The consequences of failure to remit the First and Final Call during the specified Payment Period include:

• Continued levying of 10% per annum interest on the unpaid amount from March 17, 2026, until the actual date of payment.
• The company’s right to apply any future dividends payable to the shareholder towards all outstanding sums related to calls and interest.
• The partly paid-up equity shares being liable to forfeiture in accordance with the Articles of Association and the Letter of Offer.

Upon successful completion of the First and Final Call, shareholders who fulfill the payment requirements will be allotted fully paid-up equity shares of face value ₹ 5 each. The company expects this allotment process to conclude within 2-3 weeks following the last day of the Payment Period.

BHARTIARTL Stock Price Movement​

Bharti Airtel Limited shares edged higher, settling at ₹1871 on Wednesday after gaining 0.97% over the previous close. The stock traded amid a high of ₹1887, with a volume of 4.31 million shares recorded during the session.