BHARTI AIRTEL LTD.

Bharti Airtel Limited has received notices from the Department of Telecommunications (DoT) imposing penalties totaling ₹3.13 lakhs for alleged violations of subscriber verification norms. The penalties stem from Customer Application Form (CAF) audits conducted by the DoT for June 2026. Specifically, the Karnataka LSA imposed a penalty of ₹2,13,000 and the Maharashtra LSA imposed ₹1,00,000. The company has stated that it will not contest these penalties and will proceed with payment. The financial impact is limited to the penalty amounts levied.

Bharti Airtel Limited has received a notice from the Department of Telecommunications (DoT), Uttar Pradesh (East) LSA, imposing a penalty of ₹1,05,000. The penalty is for alleged violation of subscriber verification norms, identified during a periodic Customer Application Form (CAF) Audit for June 2026. The DoT mandates strict verification of customers before enrollment. Bharti Airtel has decided not to contest the penalty and will pay the imposed amount. The maximum financial impact is limited to the penalty levied.

Bharti Airtel Ltd has completed the conversion of 460,340 partly paid-up equity shares into fully paid-up equity shares. This action follows the receipt of the First and Final Call payment, as per a Reminder Notice issued by the company. The eligible shares will be credited to shareholders' demat accounts and will be available for trading on BSE and NSE from August 19, 2026, under the existing ISIN INE397D01024. Corporate actions for 493 shares could not be completed due to technical errors and will be addressed subsequently. The company has obtained necessary listing and trading approvals from the stock exchanges.

Airtel Payments Bank Limited, a subsidiary of Bharti Airtel Ltd, announced a leadership transition. Sunil Bharti Mittal will step down as Non-Executive Chairman on September 30, 2026. Shabnam Sinha will succeed him as Chairperson for a three-year term starting October 1, 2026, subject to RBI approval. Under Mittal's leadership since April 2016, the bank grew to become India's largest payments bank by revenue, serving over 121 million monthly active users and 30 million account customers through an extensive network. Sinha, an existing Independent Director, brings extensive experience in financial services and digital transformation.

Airtel Business, the enterprise arm of Bharti Airtel, has formed a strategic partnership with ITI Limited to accelerate digital transformation for Indian enterprises. This collaboration aims to leverage the combined strengths of both companies to offer integrated digital solutions across enterprise connectivity, data center and sovereign cloud services, IoT, AI-powered solutions, and cybersecurity. The partnership will help businesses modernize legacy systems, enhance operational efficiency, strengthen security, and build resilience. It also aims to support India's 'Make in India' and 'Atmanirbhar Bharat' initiatives, particularly in defense and security sectors.

Bharti Airtel Limited has received a notice from the Department of Telecommunications (DoT), Jammu & Kashmir LSA, imposing a penalty of ₹1,00,000 for alleged violations of subscriber verification norms. The penalty stems from a Customer Application Form (CAF) Audit for Quarter 4, 2025-26, which indicated non-compliance with license agreement terms regarding customer verification. The company stated that the maximum financial impact is limited to the penalty amount. Bharti Airtel disagrees with the notice and plans to take appropriate actions for rectification or reversal.

Bharti Airtel's subsidiary, Nxtra Data Limited, has entered into agreements to acquire up to 85% stake each in Rochak Systems Private Limited and Rovision Tech Hub Private Limited. These entities are recently incorporated in India and are yet to commence commercial operations, with plans to develop land for data centre construction. The acquisition aims to expand Nxtra Data's data centre business. The consideration will be cash-based, with the acquisition price based on agreed valuations, which are not disclosed due to confidentiality. The transactions do not currently fall under related party transactions, but future tranches, if any, will be conducted at arm's length.

Bharti Airtel Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, concerning the utilization of proceeds from the First and Final Call on its partly paid-up equity shares. The report, issued by Axis Bank Limited, indicates nil deviation or variation in the utilization of these funds. The Audit Committee and Board of Directors have reviewed and taken note of the report. The company had previously undertaken a Rights Issue of ₹20,987.39 Crores, followed by a First and Final Call of ₹401.25 per share, aggregating to ₹15,740.54 Crores. The company has received ₹15,695.98 Crore towards this call.

Bharti Airtel Ltd has submitted a statement of nil deviation or variation in the utilization of proceeds from its First and Final Call on partly paid-up equity shares for the quarter ended June 30, 2026. The company complied with SEBI regulations, with Axis Bank Limited acting as the monitoring agency. The Audit Committee and Board of Directors reviewed and noted the monitoring agency report and the statement of nil deviation. The initial rights issue size was ₹20,987.39 Crores, and the First and Final Call aggregated to ₹15,740.54 Crores, with ₹15,695.98 Crore received.

Bharti Airtel Limited has received an order from the Telecom Regulatory Authority of India (TRAI) levying a financial disincentive of ₹5,50,000. The order is due to alleged non-compliance with the Standards of Quality of Service of Access (Wireline and Wireless) and Broadband (Wireline and Wireless) Service Regulations, 2024. The company stated that the maximum financial impact is limited to the disincentive amount. Bharti Airtel is currently reviewing the order and will take appropriate action.