Bharti Airtel Faces ₹182 Million Penalty Over Stamp Duty on 2014 Power Agreement

Bharti Airtel has received a demand notice regarding a short levy of stamp duty and a penalty of ₹182.47 million. The notice concerns an ‘Agreement of Sale of Power’ executed in 2014. The company is currently assessing the merits of the demand and considering available legal options to address the matter. The maximum financial impact is limited to the penalty amount.

Demand Notice Received

Bharti Airtel has received a demand notice from the Office of the Collector of Stamps (Enforcement-II), Mumbai, Maharashtra, demanding payment related to a short levy of stamp duty. This notice includes a penalty of ₹182,470,052.

Details of the Issue

The demand relates to an alleged short levy of stamp duty associated with an ‘Agreement of Sale of Power’ executed by the company in 2014. The company received the communication on December 10, 2025.

Company Response

Bharti Airtel is currently evaluating the merits of the demand and considering appropriate legal remedies. The company plans to take suitable action in due course to address the demand notice. The maximum financial implication is up to the extent of the levied penalty.

Source: BSE

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