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S&P
BSE SENSEX
73,088.33
+599.34
+0.83 %
Corporate Announcement
Security Code
532454
Company
BHARTI AIRTEL LTD.
Exchange Received Time
14/03/2018 12:09:19
Exchange Disseminated Time
14/03/2018 12:09:25
Time Taken
00:00:06
Announcement under Regulation 30 (LODR)-Allotment |
3/14/2018 12:09:20 PM
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that within the authority of the special resolution passed by the shareholders of the Company through postal ballot on March 14, 2017, the Committee of Directors of the Company has approved the allotment of 30,000 Listed, Unsecured, Rated, Redeemable, Non-Convertible Debentures (Series I and II) of face value INR 10 lakhs each, at par aggregating to INR 3,000 crores on private placement basis.
The proceeds of the Issue will be used for general corporate purpose including routine treasury activities of refinancing of existing debt and spectrum liabilities etc.
The details as required to be disclosed under the aforesaid Regulation 30 are enclosed herewith as 'Annexure A' in accordance with clause 2.1 of Para A of Annexure I of the SEBI Circular dated September 9, 2015.
Please take the above information on record.
Attachment
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