Bharti Airtel Board Approves Final Share Call, Announces Major Leadership Shake-up

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CNBC TV18•18-12-2025, 22:35
Bharti Airtel Board Approves Final Share Call, Announces Major Leadership Shake-up
- •Bharti Airtel board approved a first and final call of ₹401.25 per share on 39.23 crore partly paid-up equity shares.
- •The record date for the call is February 06, 2026, with payment from March 02 to March 16, 2026.
- •Proceeds will primarily be used for pre-payment or repayment of borrowings and general corporate purposes.
- •The company aims for its India operations to become effectively net debt-free in the near term.
- •Shashwat Sharma appointed MD & CEO (Airtel India) and Soumen Ray as Group CFO, effective January 1, 2026.
Why It Matters: Airtel's board approved a final share call to reduce debt and announced new MD & CEO for India operations.
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