BABharti Airtel532454Rights issue announcement

Second reminder for payment of First and Final Call of INR 401.25 on ~6.5 lakh partly paid-up shares

Bharti Airtel's Special Committee for Rights Issue approved a second reminder notice for the First and Final Call of INR 401.25 per partly paid-up equity share (INR 3.75 towards face value + INR 397.50 towards premium).

By ScoutQuest · Tue 3 Nov 2026, 10:25 PM IST · 2 min read

First and Final Call amount per share

INR 401.25 per partly paid-up equity share (INR 3.75 towards face value + INR 397.50 towards premium)

Payment window

November 5, 2026 to November 19, 2026 (15 days, both days inclusive)

Call received / unpaid shares

received on ~39.16 crore partly paid-up shares; ~6.5 lakh partly paid-up shares remain unpaid

Second reminder on the final call

Bharti Airtel's Special Committee of Directors for Rights Issue, on November 3, 2026, approved sending a second reminder notice for the First and Final Call on its partly paid-up equity shares issued on a rights basis. The call is INR 401.25 per partly paid-up equity share, comprising INR 3.75 towards face value and INR 397.50 towards premium, plus applicable interest.

What is still unpaid

• The company has received the First and Final Call on ~39.16 crore partly paid-up equity shares to date, and these have been converted into fully paid-up equity shares.
• ~6.5 lakh partly paid-up equity shares remain outstanding on which the call is unpaid.
• This is a Second Reminder Notice, and the company states there will be no further calls with respect to the issue.

Payment window and modes

• Payment period: Thursday, November 5, 2026 to Thursday, November 19, 2026, 15 days, both days inclusive.
• Interest at 10% per annum is charged from March 17, 2026 until the actual date of payment.
• Payment can be made through the R-WAP portal by net banking, UPI, NEFT or RTGS, or by cheque or demand draft at a designated Kotak Mahindra Bank collection centre along with the payment slip.
• Payments must be made from the shareholder's own bank account; payments from third-party accounts are rejected.

Trading status of the partly paid-up shares

• Trading in the outstanding partly paid-up equity shares (ISIN IN9397D01014) has remained suspended since February 6, 2026, that is the closing hours of trading on February 5, 2026, on account of the First and Final Call.
• Shareholders who pay during the payment period will be allotted fully paid-up equity shares of face value of ` 5 each under the existing ISIN (INE397D01024).
• This is expected to be completed within 2-3 weeks from the last date of the payment period, after which those fully paid-up shares will be available for trading on the stock exchanges.

If the call is not paid

• Interest at 10% per annum continues from March 17, 2026 until the actual date of payment.
• The Board, if it so decides, can apply any future dividend payable towards outstanding call money and interest.
• The partly paid-up shares held, including the amount already paid at the time of application, are liable to be forfeited.

What this means

The notice is addressed to holders of partly paid-up shares whose call money is still unpaid. The amount payable is fixed at INR 401.25 per share plus interest, and the company has said there will be no further call on this issue. Paying within the window leads to allotment of fully paid-up shares, with the process expected to complete within 2-3 weeks from the last date of the payment period, after which the shares can be traded.

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