Corporate Governance5 Nov 2026, 07:31 pm
Bharti Airtel: Monitoring Agency Report for Q2 FY27 Confirms No Deviation
AI Summary
Bharti Airtel has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, concerning the utilization of proceeds from its First and Final Call on partly paid-up equity shares. The report, issued by Axis Bank Limited, confirms no deviation from the objects for which the funds were raised. The total amount received towards the First and Final Call as of September 30, 2026, stands at INR 15,714.47 Crore. The company's Audit Committee and Board of Directors have reviewed and noted the report, which indicates that all utilization of call money is in compliance with the Offer Document.
Key Highlights
- Monitoring Agency Report for Q2 FY27 submitted by Axis Bank.
- Confirms nil deviation in utilization of First and Final Call proceeds.
- Total First and Final Call proceeds received: INR 15,714.47 Crore.
- Audit Committee and Board have reviewed and noted the report.
- Utilization is compliant with the Offer Document disclosures.
Price Impact
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