Call Money Notice for Partly Paid-up Equity Shares of Bharti Airtel Limited

Description

BSE activates the Call Money Module for Bharti Airtel Limited's First and Final Call on partly paid-up equity shares, with the issue open from March 2 to March 16, 2026, at Rs. 401.25 per share.

Summary

BSE has activated the Call Money Module on the IBBS (Internet Based Book Building Software) platform for Bharti Airtel Limited’s First and Final Call on its partly paid-up equity shares. Trading Members, Self-Certified Syndicate Banks (SCSBs), and intermediaries must submit call money notice details through the IBBS platform during the specified issue period.

Key Points

• Bharti Airtel Limited has requested BSE to activate the Call Money Module for a First and Final Call on its partly paid-up equity shares
• The security symbol for the partly paid-up shares is AIRTELPPCM
• Call money amount payable per partly paid-up equity share is Rs. 401.25
• Total number of partly paid-up equity shares subject to this call: 39,22,87,662 (approximately 39.23 crore shares)
• The total call money obligation is approximately Rs. 15,744 crore
• Market lot size is 1 share
• The Call Money Module is available to SCSBs and Trading Members with 3-in-1 type accounts
• This is governed by Exchange Notice No. 20210104-37 dated January 4, 2021 and SEBI circular dated December 8, 2020

Regulatory Changes

• No new regulatory changes introduced; this circular operationalizes existing frameworks under SEBI’s circular dated December 8, 2020 and BSE’s own notice dated January 4, 2021
• The Call Money Module of the IBBS platform is used per established procedures for partly paid-up equity shares

Compliance Requirements

• Trading Members: Must submit call money notice details collected from eligible investors through the IBBS platform during the issue period (10:00 a.m. to 5:00 p.m. on each day)
• Self-Certified Syndicate Banks (SCSBs): Must submit call money notice details for the issue period via the IBBS platform
• Intermediaries: Must take note of the issue details and act accordingly
• Queries related to regulatory/business rules should be directed to Listing Sales: listing.sales@bseindia.com / 022-2272 8846/5063/8179
• Bidding-related queries: IBBS Operations at ibbs.ops@bseindia.com / 022-2272 8376/8436/8226
• New user ID creation or password reset: user.trdops@bseindia.com / 022-2272 8005/8215
• Registrar: KFin Technologies Private Limited (SEBI Reg. No. INR000000221); contact bhartiairtel.rights@kfintech.com

Important Dates

Impact Assessment

This is a high-impact event affecting holders of Bharti Airtel’s partly paid-up equity shares (symbol: AIRTELPPCM). With approximately 39.23 crore shares subject to a call of Rs. 401.25 each, the aggregate call money is approximately Rs. 15,744 crore, making this one of the larger call money exercises in recent market history. Shareholders who do not pay the call money risk forfeiture of their partly paid shares. Trading members and SCSBs must ensure their IBBS access is active and operational before March 2, 2026. The 15-day window (March 2–16, 2026) provides reasonable time for compliance, but early submission is advisable to avoid last-minute system congestion.

Impact Justification

Affects approximately 39.23 crore partly paid-up equity shares of Bharti Airtel, a large-cap blue-chip company. Call money amount of Rs. 401.25 per share implies a total call obligation of approximately Rs. 15,744 crore, making this a significant market event requiring action from trading members, SCSBs, and intermediaries.