Date: June 23, 2026
Disinvestment / Strategic Actions
- The Company completed acquisition of 595,204,251 shares (approximately 16.3% stake) in Airtel Africa plc from Indian Continent Investment Limited (ICIL) on June 22, 2026
- This transaction resulted in the Company's effective stake in Airtel Africa increasing to approximately 79%
- The acquisition was executed as part of a composite transaction involving share swap
Board Meeting Outcomes
- The Special Committee of Directors for Preferential Issue approved allotment of 146,761,335 fully paid-up equity shares of face value ₹5 each to ICIL on preferential basis
- The allotment was made against the swap of ICIL's 16.3% shareholding in Airtel Africa
- Post-issue, ICIL holds approximately 3.25% of the total post-issue equity share capital of Bharti Airtel Limited
- The paid-up equity share capital of the Company stands increased to ₹31,201,606,575.00 divided into:
- 6,240,043,648 fully paid-up equity shares of ₹5 each
- 1,110,668 partly paid-up equity shares of ₹5 each (paid-up value ₹1.25 each)