Bharti Airtel Limited — QIP/Rights/Pref., 09-02-2025: Allotment of Securities

Bharti Airtel has announced the allotment of 2,887,764 fully paid-up equity shares following the conversion of USD 20.648 million in 1.50% Convertible Bonds due 2025. The shares were issued at a conversion price of INR 515 each. This increases the company's paid-up equity share capital to approximately INR 29,000.61 crore, with a total of 5,702,049,377 fully paid-up equity shares now outstanding. Following the conversion, the outstanding principal of the Convertible Bonds is reduced to USD 0.60 million.