Bharti Airtel EGM for 146.76M Share Preferential Issue

Bharti Airtel convenes EGM on June 12, 2026 to approve preferential issuance of 146.76M shares to promoter entity ICIL.
Issuance priced at ₹1,923/share against swap of ICIL's 16.31% stake in Airtel Africa valued at ₹282.22B.
Transaction consolidates Airtel Africa stake to 79%, increases promoter holding to 50.07% with immediate EPS accretion.
Remote e-voting open from June 8-11, 2026 with cut-off date of June 5, 2026 for shareholder eligibility.