Description
BSE activates the Call Money Module for Bharti Airtel Limited's First and Final Call on 39.23 crore partly paid-up equity shares at Rs. 401.25 per share, with the issue open from March 2 to March 16, 2026.
Summary
BSE has activated the Call Money Module of its IBBS (Internet Based Book Building Software) platform for Bharti Airtel Limited’s First and Final Call on partly paid-up equity shares. Trading Members, Self-Certified Syndicate Banks (SCSBs), and Intermediaries are required to facilitate the collection of call money during the specified issue period from March 2 to March 16, 2026.
Key Points
- Issuer: Bharti Airtel Limited (Symbol: AIRTELPPCM)
- Type of Call: First and Final Call on Partly Paid-up Equity Shares
- Call Money Amount: Rs. 401.25 per partly paid-up equity share
- Total Shares: 39,22,87,662 (approx. 39.23 crore shares)
- Estimated Total Call Obligation: Approximately Rs. 15,742 crore
- Market Lot: 1
- Bidding Period: 10:00 a.m. to 5:00 p.m. daily during the issue period
- Issue Period Duration: 15 days
- Registrar: KFin Technologies Private Limited (SEBI Reg. No: INR000000221)
- Contact for Registrar: bhartiairtel.rights@kfintech.com | +91 40 6716 2222
Regulatory Changes
This notice is issued in accordance with:
- BSE Exchange Notice No. 20210104-37 dated January 4, 2021 (governing Call Money Notice procedures)
- SEBI Circular dated December 8, 2020 (governing the Call Money Module and eligibility of SCSBs and Trading Members with 3-in-1 type accounts)
No new regulatory changes are introduced; the circular operationalizes the existing framework for this specific corporate action.
Compliance Requirements
- Trading Members with 3-in-1 accounts and SCSBs must use the IBBS Call Money Module to submit details of call money notices collected during the issue period.
- All intermediaries must note the issue opening and closing dates and ensure timely processing.
- For regulatory/business rule queries: listing.sales@bseindia.com | 022-2272 8846/5063/8179
- For bidding-related queries: ibbs.ops@bseindia.com | 022-2272 8376/8436/8226
- For new user ID creation or password reset: user.trdops@bseindia.com | 022-2272 8005/8215
Important Dates
| Event | Date |
|---|---|
| Circular Date | February 27, 2026 |
| Issue Opening Date | Monday, March 2, 2026 |
| Issue Closing Date | Monday, March 16, 2026 |
| Bidding Hours | 10:00 a.m. – 5:00 p.m. (daily) |
| Issue Duration | 15 days |
Impact Assessment
Market Impact (High): With approximately 39.23 crore partly paid-up shares at a call money of Rs. 401.25 per share, the aggregate capital mobilization is approximately Rs. 15,742 crore. This is a large-scale capital event for one of India’s largest telecom companies.
Operational Impact (High): SCSBs and trading members with 3-in-1 accounts must operationalize their IBBS access and be prepared to process applications throughout the 15-day window. System readiness checks and user credential verification should be completed before March 2, 2026.
Investor Impact (High): Holders of Bharti Airtel partly paid-up equity shares (AIRTELPPCM) are required to pay Rs. 401.25 per share as the First and Final Call. Failure to pay may result in forfeiture of partly paid shares as per applicable regulations.
Impact Justification
Massive capital call affecting ~39.23 crore partly paid-up equity shares at Rs. 401.25 each, implying a total call obligation of approximately Rs. 15,742 crore. Directly impacts all holders of Bharti Airtel partly paid-up shares and requires action from SCSBs and trading members with 3-in-1 accounts.