Bharti Airtel allots 83.50 lakh equity shares on conversion of FCCBs

Image
Capital Market
Last Updated : Jan 05 2023 | 10:04 AM IST
Bharti Airtel has allotted 8,350,073 fully paid-up equity shares of face value Rs 5 at a conversion price of Rs 521 per equity share each on conversion of FCCBs.

With this allotment, the paid up equity share capital has increased to Rs 28,354,212,777.50 divided into 5,572,770,640 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 the outstanding principal value of FCCBs, as listed at the Singapore Exchange, stands reduced to USD 930.80 million.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 05 2023 | 9:48 AM IST

Next Story