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Saraswati Commercial India LtdImportant, 13-03-2026: Company Update

13-03-2026 | 06:14 pm

Saraswati Commercial (India) Limited is making a payment of Rs. 23.56 Cr for the first and final call on its 5,87,212 partly paid-up equity shares of Bharti Airtel Limited. This payment, at Rs. 401.25 per share, will convert these holdings into fully paid-up equity shares. As an NBFC primarily engaged in investments, this transaction is a part of the company's ordinary course of business. This financial commitment is considered significant as it exceeds a key disclosure threshold, converting existing holdings into fully paid shares, without changing the ownership percentage of 0.01%.

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