Description
BSE activates Call Money Module on IBBS platform for Bharti Airtel's First and Final Call on 39.23 crore partly paid-up equity shares at Rs. 401.25 per share, with issue open from 2 March to 16 March 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 use this module to submit call money details collected during the issue period (2 March – 16 March 2026). The total call money amount is Rs. 401.25 per partly paid-up equity share across 39,22,87,662 shares.
Key Points
- Issuer: Bharti Airtel Limited
- Issue Type: Call Money Notice — First and Final Call
- Security: Partly Paid Equity Shares (Symbol: AIRTELPPCM)
- Call Money Amount: Rs. 401.25 per partly paid-up equity share
- Total Partly Paid Shares: 39,22,87,662 (approx. 39.23 crore)
- Implied Total Call Money: ~Rs. 15,740 crore
- Market Lot: 1 share
- Bidding Hours: 10:00 a.m. to 5:00 p.m. daily during issue period
- Registrar: KFin Technologies Private Limited (SEBI Reg. No. INR000000221)
- IBBS Module Activation: In accordance with Exchange Notice No. 20210104-37 dated 4 January 2021 and SEBI circular dated 8 December 2020
Regulatory Changes
No new regulatory changes introduced. This notice activates the existing IBBS Call Money Module framework established under SEBI circular dated December 8, 2020, and BSE notice no. 20210104-37 dated January 4, 2021. SCSBs and trading members with 3-in-1 type accounts are the eligible entities to submit call money notice details through this platform.
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 from investors during the issue period.
- Queries on regulatory/business rules should be directed to Listing Sales: listing.sales@bseindia.com | 022-2272 8846/5063/8179
- Bidding-related queries: IBBS Operations — ibbs.ops@bseindia.com | 022-2272 8376/8436/8226
- New user ID creation or password reset: user.trdops@bseindia.com | 022-2272 8005/8215
Important Dates
| Event | Date |
|---|---|
| Notice Date | 27 February 2026 |
| Issue Opening Date | Monday, 2 March 2026 |
| Issue Closing Date | Monday, 16 March 2026 |
| Bidding Hours | 10:00 a.m. – 5:00 p.m. (daily) |
| Issue Period | 15 days |
Impact Assessment
This is a high-impact corporate action for Bharti Airtel partly paid shareholders. With approximately 39.23 crore shares at Rs. 401.25 per share, the total capital to be mobilised is approximately Rs. 15,740 crore, making this one of the largest call money events. Holders of AIRTELPPCM shares must pay the call money within the issue window or risk forfeiture of their partly paid shares. Trading members and SCSBs must ensure their IBBS access credentials are active before the opening date. No market-wide trading disruption is expected, but participant institutions should prepare operationally for the 15-day window.
Impact Justification
Significant corporate action involving 39.23 crore partly paid shares at Rs. 401.25/share, implying total call money of approximately Rs. 15,740 crore — a major capital event for one of India's largest telecom companies. Requires action from trading members, SCSBs, and intermediaries within a defined window.