Disclosure under Regulation 30 read with Schedule III of SEBI LODR Regulations 2015- Payment of first and final call on Partly Paid Up Equity Shares of Bharti Airtel Limited- Acquisition.
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Saraswati Commercial (India) Ltd, an NBFC that invests in shares and securities, is paying the first and final call money on 5,87,212 partly paid-up equity shares it already holds in Bharti Airtel Limited. The call price is Rs. 401.25 per share, taking the total payment to about Rs. 23.56 crore, which has been blocked in the company's bank account via the ASBA mechanism on 13 March 2026. Once the payment is debited, these shares will become fully paid-up, but there is no change in the number of shares held or in the percentage of shareholding (0.01% of Bharti Airtel). The investment is described as being in the ordinary course of business as a financial investor, with no related party connection, and the size of the call payment exceeds the 2% of net worth disclosure threshold under SEBI LODR rules.
This is a routine balance-call payment by Saraswati Commercial to convert its existing partly paid Bharti Airtel holdings into fully paid shares, so there is no change in ownership or control. For shareholders, it means the company is deploying roughly Rs. 23.56 crore of cash into a long-term equity investment, but it does not signal any new acquisition, expansion, or change in strategy.