SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bharti Airtel informs about outcome of board meeting

30 Aug 2021 Evaluate

Further to its intimation dated August 25, 2021 and pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bharti Airtel has informed that the Board of Directors of the Company, at its meeting held on 29th August 2021 comprehensively reviewed the industry scenario, business environment, financial/ business strategy of the Company and approved the Company’s plan to raise further capital. Accordingly, the Board approved the issuance of equity shares of face value of Rs 5 each of the Company on rights basis to eligible equity shareholders of the Company as on the record date (to be notified later), of an Issue size of upto Rs 21,000 Crores (‘Issue’). The Board approved the following terms of the Issue: Rights Issue Price: Rs 535 per fully paid-up equity share (including a premium of Rs 530 per equity share), Terms of payment of Issue Price: 25% on application and balance in two more additional calls as may be decided by the Board/ Committee of the Board from time to time based on the Company’s requirements within an overall time-horizon of 36 months, and Rights Entitlement Ratio: 1 equity share for every 14 equity shares held by eligible shareholders as on the record date. Further, the Board has constituted a 'Special Committee of Directors' to decide the other terms and conditions of the Issue including Issue period and the record date. The promoter and promoter group of the Company will collectively subscribe to the full extent of their aggregate rights entitlement. In addition, they will also subscribe to any unsubscribed shares in the Issue. The meeting commenced at IST 1130 Hrs. and concluded at IST 1540 Hrs.

The above information is a part of company’s filings submitted to BSE.

Bharti Airtel Share Price

1758.15 -76.75 (-4.18%)
11-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Bharti Airtel 1758.15
Vodafone Idea 12.19
Indus Towers 410.70
Tata Communications 1571.35
Bharti Hexacom Ltd. 1466.35
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×