Description
BSE activates 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, open March 2–16, 2026.
Summary
BSE has activated the Call Money Module on 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 submit call money details collected during the issue period via the IBBS platform, in accordance with SEBI’s circular dated December 8, 2020.
Key Points
- Bharti Airtel Limited has requested BSE to activate the Call Money Module under Exchange Notice No. 20210104-37 dated January 4, 2021
- The call is the First and Final Call on partly paid-up equity shares (Symbol: AIRTELPPCM)
- Total partly paid-up equity shares subject to call: 39,22,87,662 shares
- Call money payable per share: Rs. 401.25
- Market lot size: 1
- Bidding window: 10:00 a.m. to 5:00 p.m. daily during the issue period
- Registrar to the Issue: KFin Technologies Private Limited, Hyderabad (SEBI Reg. No: INR000000221)
- Contact for registrar queries: bhartiairtel.rights@kfintech.com | +91 40 6716 2222
Regulatory Changes
No new regulatory changes are introduced. This notice operates under the existing framework established by:
- SEBI circular dated December 8, 2020 (governing Call Money Module operations)
- BSE Exchange Notice No. 20210104-37 dated January 4, 2021
Compliance Requirements
- Trading Members (with 3-in-1 type accounts) and SCSBs must submit call money notice details collected from investors through the IBBS platform during the issue period
- All intermediaries must ensure timely processing within the bidding window (10:00 a.m. to 5:00 p.m.) on each open day
- For regulatory/business rule queries: listing.sales@bseindia.com | 022-2272 8846/5063/8179
- For IBBS bidding 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 |
|---|---|
| Notice Date | February 27, 2026 |
| Issue Opening Date | Monday, March 2, 2026 |
| Issue Closing Date | Monday, March 16, 2026 |
| Issue Period | 15 days |
| Bidding Hours | 10:00 a.m. – 5:00 p.m. daily |
Impact Assessment
This circular has high market impact given the scale of the call money exercise. With 39.23 crore partly paid-up shares at Rs. 401.25 per share, the total call money mobilization amounts to approximately Rs. 15,741 crore. Shareholders who hold partly paid-up shares of Bharti Airtel must pay this call money amount within the stipulated period or risk forfeiture of their shares. Trading members and SCSBs face an operational obligation to facilitate collections and submissions through the IBBS platform within the 15-day window. Failure to comply with the submission process could result in regulatory consequences for the intermediaries involved.
Impact Justification
Large-scale call money notice involving 39.23 crore partly paid-up equity shares of a major blue-chip company (Bharti Airtel), requiring immediate action from trading members, SCSBs, and intermediaries within a defined 15-day window.