Bharti Airtel Limited has announced the incorporation of a new wholly-owned subsidiary, Airtel Global IFSC Limited. Established on June 15, 2026, this new entity is located in Gujarat International Finance Tec-City (GIFT City), Gujarat, India. The subsidiary will function as a Finance Company, primarily undertaking activities for a Global Corporate Treasury Centre, in line with IFCSA regulations. Its initial authorized and paid-up share capital is INR 20,000,000.
Bharti Airtel Establishes New Subsidiary
Bharti Airtel Limited, a prominent telecommunications company, has officially announced the incorporation of a new wholly-owned subsidiary named Airtel Global IFSC Limited. This significant development took place on June 15, 2026. The subsidiary has been established in Gujarat International Finance Tec-City (GIFT City), Gujarat, India, marking a strategic move for the company.
Subsidiary’s Role and Capitalization
Airtel Global IFSC Limited has been incorporated with an initial authorized share capital of INR 20,000,000 (Indian Rupees Two Crores). The paid-up and subscribed share capital also stands at INR 20,000,000. This new entity is set to operate as a Finance Company, with its primary objective being to facilitate the activities of a Global Corporate Treasury Centre. It will also engage in other permissible activities as defined by the framework and regulations issued by the International Financial Services Centres Authority (IFCSA).
Incorporation Details
The incorporation of Airtel Global IFSC Limited was confirmed by the Ministry of Corporate Affairs, Government of India, through a Certificate of Incorporation issued on June 15, 2026. The subsidiary is fully owned by Bharti Airtel Limited, with 100% shareholding and control resting with the listed entity. The decision to establish this subsidiary aligns with Bharti Airtel’s strategic initiatives to enhance its financial operations and global presence.
Source: BSE