General Announcement::Allotment of equity shares upon conversion of USD 1,000 million 1.50% Convertible Bonds due 2025

Issuer & Securities

Issuer/ Manager
BHARTI AIRTEL LIMITED
Securities
BHARTIAIRLTDUS$1B1.5%CB250217R - USY0889VAB63 - 9U2B
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
09-Feb-2025 00:29:06
Status
New
Announcement Sub Title
Allotment of equity shares upon conversion of USD 1,000 million 1.50% Convertible Bonds due 2025
Announcement Reference
SG250209OTHRA6PQ
Submitted By (Co./ Ind. Name)
Rohit Krishan Puri
Designation
Joint Company Secretary & Compliance officer
Effective Date and Time of the event
07/02/2025 17:00:00
Description (Please provide a detailed description of the event in the box below)
This is in reference to the USD 1,000 million 1.50% Convertible Bonds due 2025 issued by the Company vide Offering Circular dated January 14, 2020, convertible into Company s fully-paid up equity shares of INR 5/- each at any time on or after February 27, 2020 and upto the close of business hours on February 07, 2025, at the option of the FCCB holders.

We wish to submit that upon receipt of notice for conversion of FCCBs of principal value of USD 20.648 million from FCCB holder(s), the Special Committee of Directors for Fund Raising has, today i.e. on February 08, 2025, approved the allotment of 2,887,764 fully paid-up equity shares of face value INR 5/- each at a conversion price of INR 515/- per equity share to such holder(s) of FCCBs.

Remarks:
This is to inform you that the correct allotment date is February 8, 2025. However, due to a technical error preventing the use of a public holiday/ weekend as the allotment date, we are recording the date as February 7, 2025.

Attachments

Tranch_35_STX Disclosure.pdf
Total size =327K