GeeCee Ventures Limited has informed the Exchange about disclosure under Reg 30(LODR)- Payment of first and final call on partly paid up equity shares of Bharti Airtel Limited - Acquisition.
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GeeCee Ventures Limited is paying the first and final call money on 2,30,976 partly paid-up equity shares of Bharti Airtel Limited at Rs. 401.25 per share, totaling Rs. 9.27 crore. The amount has been blocked via the ASBA mechanism in the company's bank account on March 13, 2026. Upon completion, these shares will become fully paid-up, but the number of shares and the shareholding percentage (0.0007%) will remain unchanged. This is part of the company's investment activity and a minor part of its overall investment portfolio.
This is a routine investment action by GeeCee Ventures and is unlikely to materially impact its stock price. The total cost of the Bharti Airtel investment will now exceed the Reg 30(4)(i)(c) threshold, triggering a formal disclosure, but there is no change in ownership stake.