Bharti Airtel announced the successful conversion of 391,176,994 partly paid-up equity shares into fully paid-up shares following the receipt of the First and Final Call amounting to INR 401.25 per share. This action increased the company’s paid-up equity capital to INR 30,467,799,900. The newly converted shares will rank pari passu with existing shares, pending requisite exchange approvals.
Completion of Rights Issue Call Payment
On March 18, 2026, Bharti Airtel informed the stock exchanges regarding the final steps of its rights issue process. The announcement confirmed that the company received an aggregate sum of INR 156,959.77 million towards the First and Final Call associated with the outstanding partly paid-up equity shares.
Conversion Approval and Share Details
A duly authorized ‘Special Committee of Directors for Rights Issue’ approved the conversion of 391,176,994 partly paid-up equity shares (paid-up value of INR 1.25 each, face value of INR 5) into fully paid-up equity shares (face value of INR 5). The approval converts shares bearing ISIN IN9397D01014 into shares under existing ISIN INE397D01024.
The converted shares will immediately begin trading on the National Stock Exchange and BSE, provided all necessary listing formalities are completed.
Impact on Paid-Up Share Capital
Consequent to this conversion, the total paid-up equity share capital of Bharti Airtel has been adjusted. The new structure comprises: 6,093,282,313 fully paid-up equity shares of INR 5 each, and 1,110,668 remaining partly paid-up equity shares (paid-up value INR 1.25 each).
Notice for Unpaid Shares
The company also stated that for the remaining balance of 1,110,668 partly paid-up equity shares where the First and Final Call remains unpaid, reminder notice(s) will be issued in due course, subject to necessary approvals.
Source: BSE
