Bharti Airtel has finalized corporate actions to convert 390,998,501 partly paid-up equity shares into fully paid-up equity shares after receiving the First and Final Call. These newly converted shares will be available for trading on both the NSE and BSE starting Monday, March 23, 2026, under ISIN: INE397D01024. The original announcement concerned 391.17 million shares; conversion for 178,493 shares was delayed due to technical issues.
Equity Share Conversion Finalized
Bharti Airtel Limited announced the completion of necessary corporate actions following the receipt of the First and Final Call on partly paid-up equity shares. This action converted a significant number of shares with an original paid-up value of INR 1.25 per share into fully paid-up equity shares of face value INR 5 each.
The company successfully completed the credit of 390,998,501 fully paid-up equity shares to the demat accounts of eligible shareholders. This positive step concludes the conversion process initiated after the approval by the Special Committee of Directors for 391,176,994 shares.
Trading Commencement Date Confirmed
Bharti Airtel confirmed receiving listing and trading approvals from both major stock exchanges. Consequently, the 390,998,501 newly fully paid-up equity shares will be tradable effective Monday, March 23, 2026. The unified ISIN for these shares is INE397D01024.
Shares Awaiting Technical Resolution
It was noted that corporate actions pertaining to 178,493 partly paid-up equity shares could not be completed at the Depositories’ end. This delay was attributed to technical errors in the demat accounts of the concerned shareholders. The Company stated it will take appropriate steps to convert these remaining shares in due course upon request from those shareholders.
Source: BSE
