BHARTI AIRTEL LIMITED March 28, 2017
National Stock Exchange of India Limited Exchange Plaza, C-1 Block G
Bandra Kurla Complex, Bandra (E)
Mumbai - 400051, India
BSE Limited
Phiroze Jeejeebhoy Towers Dalal Street
Mumbai - 400001, India
Ret Bharti Airtel Limited (532454 / BHARTIARTL }
Sub: Disclosure under Regulation 29(2} of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations , 201 1
Dear Sir I Madam,
Please find enclosed herewith the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 w.r.t to the sale of 10.30% shares in Bharti lnfratel Limited to a consortium of KKR and Canada Pension Plan Investment Board.
Kindly take the same on record.
Thanking you, Yours faithfully,
Fki:JA=
Rohit Krishan Puri
Deputy Company Secretary
CC:
Company Secretary & Compliance Officer Bharti lnfratel Limited
Bharti Crescent, 1, Nelson Mandela Road, Vasant Kunj, Phase 11,
New Delhi - 110 070, India
Bharti Airtel Limited
(a Bharti Enterprise)
Regd. & Corporate Office: Bharti Crescent, 1, Nelson Mandela Road, Vasant Kunj, Phase II, New Delhi - 110 070 T.: +91-11-4666 6100, F.: +91-11-4166 6137, Email id: compliance.officer@bharti .in, www.airtel.com
Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 | |||
Name of the Target Company (TC) | Bharti lnfratel Limited | ||
Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer | Bharti Airtel Limited | ||
Whether the acquirer belongs to Promoter/Promoter group | Yes | ||
Name(s) of the Stock Exchange(s) where the shares of TC are Listed | BSE Limited National Stock Exchange of India Limited | ||
Details of the aEEf YisitieA/ disposal as follows | Number | % w.r.t. total share/voting capital wherever applicable(*) | % w.r.t. total diluted share/voting capital of the TC (**) |
Before the aeEf1a1isitieF1/sale under consideration, holding of : | 1,330,898,728 | 71.96% | 71.96% |
a) Shares carrying voting rights | |||
b) Shares in the nature of encumbrance (pledge/ lien/ non- | Nil | ||
disposal undertaking/ others) | |||
c) Voting rights (VR) otherwise than by shares | Nil | ||
d) Warrants/convertible securities/any other instrument | Nil | ||
that entitles the acquirer to receive shares carrying voting | |||
rights in the TC (specify holding in each category) | |||
e) Total (a+b+c+d) | 1,330,898,728 | 71.96% | 71.96% |
Details of aeEf YisitieA/sale: | 190,583,357 | 10.30% | 10.30% |
a) Shares carrying voting rights aeq1:Jired/sold | |||
b) VRs acquired /sold otherwise than by shares | Nil | ||
c) Warrants/convertible securities/any other instrument that | Nil | ||
entitles the acquirer to receive shares carrying voting rights in | |||
the TC (specify holding in each category) acquired/ sold | |||
d) Shares encumbered I invoked/released by the acquirer | Nil | ||
e) Total (a+b+c+d) | 190,583,357 | 10.30% | 10.30% |
After the aeE11a1i sitieF1/sale, holding of: | 1,140,315,371 | 61.65% | 61.65% |
a) Shares carrying voting rights | |||
b) Shares encumbered with the acquirer | Nil | ||
c) VRs otherwise than by shares | Nil | ||
d) Warrants/convertible securities/any other instrument | Nil | ||
that entitles the acquirer to receive shares carrying voting | |||
rights in the TC (specify holding in each category) after | |||
acquisition | |||
e) Total (a+b+c+d) | 1,140,315,371 | 61.65% | 61.65% |
Mode of aeq1a1isitieF1 l sale (e.g. open market I off-market /public issue I rights issue I preferential allotment / inter-se transfer etc). | Open market | ||
Bharti Airtel Limited
(a Bharti Enterprise)
Regd. & Corporate Office: Bharti Crescent, 1, Nelson Mandela Road, Vasant Kunj, Phase II, New Delhi - 110 070
T.: +91-11-4666 6100, F.: +91-11-4166 6137, Email id: compliance.officer@bharti.in, www.airtel.com CIN: L74899DL1995PLC070609
Date of aeqwisitieR I sale of shares I VR or date of receipt of intimation of allotment of shares, whichever is applicable | March 28, 2017 (Date of sale of shares) |
Equity share capital I total voting capital of the TC before the said aeqwisitieR I sale | Rs. 18,496,082,460 divided into 1,849,608,246 equity shares of Rs. 10/- each. |
Equity share capital/ total voting capital of the TC after the said aeqwisitieR I sale | Rs. 18,496,082,460 divided into 1,849,608,246 equity shares of Rs. 10/- each. |
Total diluted share/voting capital of the TC after the said acquisition | Rs. 18,496,082,460 divided into 1,849,608,246 equity shares of Rs. 10/- each. |
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the stock Exchange under Regulation 31 of the SEBI (Listing Obligations and Disclosure requirements) Regulations, 2015.
(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.
Fkw::-
Rohit Krishan Puri
Deputy Company Secretary
Place: New Delhi Date: March 28, 2017
Bharti Airtel Limited
(a Bharti Enterprise)
Regd. & Corporate Office: Bharti Crescent, 1, Nelson Mandela Road, Vasant Kunj, Phase II, New Delhi - 110 070 T.: +91-11-4666 6100, F.: +91-11-4166 6137, Email id: compliance .officer@bharti.in,www .airtel.com
Bharti Airtel Limited published this content on 28 March 2017 and is solely responsible for the information contained herein.
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