Bharti Airtel has amended its shareholder agreement, initially established on January 22, 2009, with Bharti Telecom Limited and Pastel Limited (Singtel). The amendments, effective December 18, 2025, seek to better align with current business requirements and governance standards. These changes include Singtel relinquishing certain reserved rights and revisions for clarity, aiming to simplify existing arrangements and uphold governance practices.
Shareholder Agreement Amended
Bharti Airtel has announced an amendment to its existing shareholder agreement, originally dated January 22, 2009, involving Bharti Telecom Limited and Pastel Limited (Singtel). The amended agreement was executed on December 18, 2025.
Key Changes and Strategic Rationale
The primary driver behind these amendments is to align the agreement with current business requirements and modern governance standards. Key modifications include:
- Singtel relinquishing several key reserved rights.
- Other changes focus on streamlining the agreement, removing redundancies, and ensuring clarity.
These changes are intended to simplify and rationalize the existing arrangement, promoting better governance practices.
Impact and Further Steps
The proposed changes reflect the maturity of the relationship between the parties and their shared focus on Airtel’s growth. These amendments are not expected to impact the management or control of the company. Consequent amendments to the Articles of Association of the Company are necessary.
Bharti Airtel will seek shareholder approval for these amended Articles in due course.
Source: BSE