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Bharti Airtel Limited ( (IN:BHARTIARTL) ) just unveiled an announcement.
Bharti Airtel has received about INR 156,959.77 million as the first and final call money on 391,176,994 partly paid-up equity shares issued in its 2021 rights offering, and has converted these into fully paid-up equity shares under its existing ISIN. The move increases the company’s paid-up equity share capital to INR 30,467,799,900, boosts its equity base and market tradable float, while reminder notices will be sent for the remaining 1,110,668 partly paid shares where call money is still unpaid, indicating further potential capital inflow and minor ongoing clean-up of its capital structure.
More about Bharti Airtel Limited
Bharti Airtel Limited is a leading Indian telecommunications services provider offering mobile, broadband, and enterprise connectivity solutions. The company operates across India and multiple international markets, focusing on voice, data, and digital services for retail and corporate customers.
Average Trading Volume: 391,209
Technical Sentiment Signal: Buy
Current Market Cap: 10411.6B INR
See more insights into BHARTIARTL stock on TipRanks’ Stock Analysis page.