Bharti Airtel Limited has issued a crucial notice for the First and Final Call on its rights-issued partly paid-up equity shares. Shareholders must pay INR 401.25 per share (comprising INR 3.75 face value and INR 397.50 premium). The mandatory payment period runs from March 02, 2026, to March 16, 2026. Failure to pay by the final deadline may result in the forfeiture of shares and payment of 10% interest on the overdue amount.
Key Details for First and Final Call Payment
Bharti Airtel Limited has confirmed the schedule for the final payment required on its rights-issued partly paid-up equity shares. This call pertains to the shares issued pursuant to the Letter of Offer dated September 22, 2021.
Call Amount and Record Date
- The Amount Due per Share for the First and Final Call is INR 401.25, broken down into INR 3.75 towards face value and a premium of INR 397.50.
- The Record Date for determining Eligible Shareholders liable for this call is Friday, February 06, 2026.
Payment Schedule
The company has set a definitive window for making the required payment:
- First and Final Call Payment Period: From Monday, March 02, 2026, to Monday, March 16, 2026 (a duration of 15 days, inclusive).
- Last Date for Payment: Monday, March 16, 2026.
Accepted Modes of Payment
Shareholders must utilize one of the following methods for payment, as cash payment will not be accepted:
- Online ASBA: Through the website of Self-Certified Syndicate Banks (“SCSBs”).
- Physical ASBA: By submitting a physical application form to the Designated Branch of SCSBs.
- Online: Using the 3-in-1 online trading-demat-bank account facility, where offered by brokers.
Consequences of Non-Payment
Shareholders failing to adhere to the payment schedule face significant consequences:
- Interest Payable: Interest at 10% per annum will accrue for any delay beyond the deadline of March 16, 2026, until the date of actual payment.
- Forfeiture of Shares: If payment is not made, the partly paid-up equity shares, including all amounts already paid, are liable to be forfeited in accordance with the Company’s Articles of Association and the Letter of Offer.
- Dividend Adjustment: The Board reserves the right to apply any future dividends towards outstanding call money and interest due.
Share Trading Status
Please note that trading in the partly paid-up equity shares (ISIN: IN9397D01014) has been suspended on the Stock Exchanges effective from Friday, February 06, 2026. Fully paid-up shares will be allotted and made available for trading approximately two weeks after the final payment date.
Accessing Documents
The official First and Final Call Notice, along with Detailed Instructions and the ASBA Application Form, is accessible on the Company website and the KFin Technologies Limited website. Shareholders are advised to review these documents thoroughly before initiating payment procedures.
Source: BSE
