BHARTI AIRTEL LTD. (BHARTIARTL)
Outcome of Board meeting dt. May 13, 2026
Board approved issuance of up to 146.76 million equity shares to ICIL via preferential allotment against swap of up to 16.31% stake in Airtel Africa. Shares priced at INR 1,923 each, above SEBI floor price, based on independent valuation. Transaction is cash-less, leverage neutral, and EPS accretive. Subject to shareholder approval in EGM and regulatory compliance. Special Committee authorized to act on this matter.
Source: Original filing PDF
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