Key Quantitative Figures
- First and Final Call amount: ₹401.25 per partly paid-up equity share (comprising ₹3.75 towards face value and ₹397.50 towards premium)
- Outstanding partly paid-up equity shares: 649,835 shares
- Interest rate: 10% per annum computed from March 17, 2026 to November 4, 2026
- Previously converted shares: 391,637,827 partly paid-up equity shares have been converted to fully paid-up shares
Dates of Action
- Special Committee approval date: November 3, 2026
- Payment period: November 5, 2026 to November 19, 2026 (15 days, both days inclusive)
- Interest computation period: March 17, 2026 to November 4, 2026
- Trading suspension effective: February 6, 2026 (since closing hours of February 5, 2026)
- Expected conversion timeline: 2-3 weeks from November 19, 2026
Parties Involved
- Bharti Airtel Limited (Issuer)
- Special Committee of Directors for Rights Issue (Approving authority)
- KFin Technologies Limited (Registrar & Share Transfer Agent)
- Kotak Mahindra Bank Limited (Collection bank)
- National Stock Exchange of India Limited and BSE Limited (Stock exchanges)
Payment Details
Modes of Payment:
- R-WAP facility: Online payment through https://rights.kfintech.com/callmoney using net-banking/UPI/NEFT/RTGS
- Cheque/Demand Draft: Deposit at designated Kotak Mahindra Bank branches
- For resident shareholders: 'Bharti Airtel - First and Final Call Allotment Account - R'
- For non-resident shareholders: 'Bharti Airtel - First and Final Call Allotment Account - NR'
Designated Bank Branches: Delhi, Gurugram, Noida, Mumbai, Pune, Kolkata, Ahmadabad, Bangalore, Hyderabad, Chennai, and Jaipur
Consequences of Non-Payment
- Continued interest levy at 10% per annum from March 17, 2026 until actual payment date
- Company may apply future dividends towards outstanding call amounts and interest
- Partly paid-up equity shares, including amounts already paid, liable to be forfeited
Additional Information
- This is the second and final reminder notice - no further calls will be made
- Trading in outstanding partly paid-up equity shares (ISIN: IN9397D01014) remains suspended since February 6, 2026
- Upon payment, shares will be converted to fully paid-up equity shares (ISIN: INE397D01024)
- Documents available on company website (www.airtel.in) and KFin Technologies website (https://rights.kfintech.com/callmoney)
- Contact: KFin Technologies Limited at +91 40 6716 2222 or bhartiairtel.rights@kfintech.com
Financial Impact
The company seeks to collect approximately ₹26.08 crore (649,835 shares × ₹401.25 per share) plus applicable interest from outstanding shareholders.