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Bharti Airtel gets nod for allotment of equity shares on preferential basis to Google

14 Jul 2022 Evaluate

Bharti Airtel has received approval for allotment of 71,176,839 equity shares of the face value of Rs 5 each fully paid up, on preferential basis to Google International LLC (Google) at an issue price of Rs 734 per equity share (including a premium of Rs 729 per equity share). Google will hold 1.20% of the total post-issue equity shares of the company (1.17% on fully-diluted basis). Paid-up equity share capital of the company stands increased to Rs 28,306,517,827.50 divided into 5,563,231,650 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). The 'Special Committee of Directors for Preferential Allotment' at their meeting held on July 14, 2022 has approved and allotted the same.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.

Bharti Airtel Share Price

1769.70 11.55 (0.66%)
12-May-2026 11:45 View Price Chart
Peers
Company Name CMP
Bharti Airtel 1769.70
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