Meeting Details
Date: Friday, June 12, 2026
Time: 3:00 P.M. (IST)
Location: Conducted through video conferencing
Type: Extraordinary General Meeting
Proposed Resolution and Implications
The EGM was convened for approval of issuance of equity shares of the Company on a preferential basis to Indian Continent Investment Limited (ICIL), a promoter group entity, against swap of shares held by ICIL in Airtel Africa plc, a subsidiary company. The proposal involves exchanging Airtel Africa shares for Bharti Airtel equity shares, representing a strategic restructuring within the promoter group holdings.
Voting Process and Methods
Remote e-voting period: Monday, June 08, 2026 at 9:00 A.M. IST to Thursday, June 11, 2026 at 5:00 P.M. IST
Meeting voting: Members participating in the EGM who had not cast votes through remote e-voting were provided opportunity to cast votes through e-voting at the EGM
Scrutinizer: Harish Chawla, Partner of CL & Associates, Company Secretaries served as the Scrutinizer
Attendance and Participation
Total members present: 241 members
Total shares represented: 2,981,723,443 equity shares
Percentage of paid-up capital represented: 48.93%
Directors Present
1. Mr. Sunil Bharti Mittal, Chairman
2. Justice (Retd.) Arjan Kumar Sikri, Independent Director
3. Ms. Chua Sock Koong, Non-executive Director
4. Mr. Douglas Anderson Baillie, Independent Director
5. Mr. Dinesh Kumar Khara, Independent Director
6. Mr. Gopal Vittal, Executive Vice Chairman
7. Ms. Kimsuka Narsimhan, Independent Director
8. Ms. Nisaba Godrej, Independent Director
9. Mr. Rajan Bharti Mittal, Non-executive Director
10. Mr. Shashwat Sharma, Managing Director & CEO (Airtel India)
11. Mr. Shyamal Mukherjee, Independent Director
Other Attendees
Company Secretary: Mr. Rohit Krishan Puri, Company Secretary & Compliance Officer
Management: Mr. Akhil Garg, Chief Financial Officer (Airtel India)
Statutory Auditors: Mr. Vijay Agarwal and Mr. Gautam Wadhera, Representatives of Deloitte Haskins & Sells LLP, Chartered Accountants
Secretarial Auditors: Mr. Vaibhav Dandawate, Representative of Makarand M. Joshi & Co, Company Secretaries
Scrutinizer: Mr. Harish Chawla, Partner of CL & Associates, Company Secretaries
Meeting Proceedings
The meeting was called to order by Chairman Mr. Sunil Bharti Mittal who confirmed quorum was present. All relevant documents were available for electronic inspection. Mr. Gopal Vittal, Executive Vice Chairman, provided an overview of the proposal highlighting its strategic rationale, key benefits, valuation framework, governance process and long-term value expected for the Company and shareholders. A Q&A session was conducted for registered members, with questions answered by Mr. Gopal Vittal.
Voting Results Status
The Company is compiling the voting results and will submit them to stock exchanges in due course. The document does not contain the final voting outcomes, percentages, or category-wise breakdown.
Compliance Statement
The meeting was conducted in compliance with applicable laws and regulations including the Companies Act and SEBI Listing Regulations.