Acquisitions13 Mar 2026, 06:32 pm
Winro Commercial India to Pay Final Call on Bharti Airtel's Partly Paid-Up Equity Shares, Acquiring 0.02% Stake
AI Summary
Winro Commercial India Limited has agreed to make a payment for the first and final call on partly paid-up equity shares of Bharti Airtel Limited. The company holds 10,71,157 such shares and will pay Rs. 401.25 per share, amounting to Rs. 42,98,01,746.25. This payment will result in the allotment of 10,71,157 fully paid-up equity shares to Winro Commercial. The company is an NBFC and the investment is being made in the ordinary course of business. The total call money payable exceeds the 2% threshold of the net worth as per the last audited consolidated financial statements of the Company.
Key Highlights
- Winro Commercial to pay Rs. 42,98,01,746.25 for first and final call on Bharti Airtel's partly paid-up equity shares.
- Payment will result in the allotment of 10,71,157 fully paid-up equity shares to Winro Commercial.
- Winro Commercial is an NBFC and the investment is being made in the ordinary course of business.
- The total call money payable exceeds the 2% threshold of the net worth as per the last audited consolidated financial statements of the Company.
- Bharti Airtel Limited is primarily engaged in the telecommunication services in India.
Price Impact
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