Bharti Airtel has allotted 843,302 fully paid-up equity shares of face value Rs 5/- each at a conversion price of Rs 521/- per equity share to such holders of FCCBs.
Consequent to the above:
a) Paid-up equity share capital of the Company stands increased to Rs 28,358,429,287.50 divided into 5,573,613,942 fully paid-up equity shares of Rs 5/- each and 392,287,662 partly paid-up equity shares of Rs 5/- each (paid-up value Rs 1.25/- each); and
b) Outstanding principal value of FCCBs, as listed at Singapore Exchange, stands reduced to USD 924.70 million.
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