Bharti Airtel on partly paid up shares of Rs. 401.25 allowed first and final calls

The board of directors of telecom major Bharti Airtel on Thursday approved Rs. 39.23 crores of face value of 5 outstanding partly paid-up equity shares at Rs. The first and final calls of 401.25 were approved. The shares were issued by the company on rights basis following the letter of offer dated September 22.

The Board has fixed February 6, 2026 as the record date for determining the eligibility of holders of partially paid up equity shares who are liable to pay dues on first call.

The call payment period will commence on March 2, 2026 and end on March 16, 2026.

Any trading in partially paid-up equity shares of the company on stock exchanges will be suspended with effect from February 6.

As per the objective of the issue, the proceeds from the call on the partially paid up equity shares will be used primarily for prepayment/repayment of borrowings including accrued interest and general corporate purposes.

Following the prepayment/repayment of borrowings and coupled with its organic cash generation, the company’s India operations will be effectively net debt-free in the near term, apart from DoT obligations and finance lease obligations, the filing said.

Shares of Bharti Airtel today fell 0.8 percent to Rs. closed at 2,092.05. The stock has performed strongly on D-Street, returning 29% over the past 12 months.

According to Trendlyne data, the shares are currently trading at Rs. 2,069.1 and Rs. is trading above its 50-day and 200-day simple moving average (SMA) of 1,909.3.

The company reported its consolidated Q2 net profit at Rs. 6,792 crore registered 89% YoY growth as against Rs. 3,593 crores. Its income form performance in the quarter was Rs. 52,145 crore, compared to Rs. 41,473 crore was 26% higher than Rs.

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