Bharti Airtel: Nil Deviation in Utilization of Rights Issue Proceeds

Bharti Airtel has submitted its Monitoring Agency Report and a statement of nil deviation 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 earmarked objects. The company had raised approximately ₹15,714.47 Crore through the First and Final Call. The Audit Committee and Board of Directors have reviewed and taken note of these documents, indicating transparent fund management and adherence to regulatory requirements.