March 29, 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
Ref: Bharti Airtel Limited (532454 I 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 inter-se transfer of 11.32 % stake (i.e. 209,416,643 equity shares) in Bharti lnfratel Limited to Nettle Infrastructure Investments Limited, a wholly owned subsidiary of the Company .
Kindly take the same on record.
Thanking you, Yours faithfully,
f .
Deputy Company Secretary Encl: a/a
CC:
Company Secretary & Compliance Officer Bharti lnfratel Limited
Bharti Crescent, 1, Nelson Mandela Road, Vasant Kunj, Phase II,
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 Person Acting In Concert: | ||
Nettle Infrastructure Investments Limited (a wholly owned subsidiary of 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 aeE11:1i sitieA/ 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 aeE11:1i sitieA}sale under consideration, holding of :
that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) | 1,140,315,371 Nil Nil Nil 1,140,315,371 | 61.65% 61.65% | 61.65% 61.65% |
Details of aeq1:1isitieA}sale:
| 209,416,643 Nil Nil Nil 209,416,643 | 11.32% 11.32% | 11.32% 11.32% |
After the aeE11:1i sitieA}sale, holding of:
that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition | 930,898,728 Nil Nil Nil 930,898,728# | 50.33% 50.33% | 50.33% 50.33% |
Bharti Airtel Limited
IJl1artiMode of aeEtwisitieR / sale {e.g. open market I off-market /public issue I rights issue I preferential allotment I inter-se transfer etc). | Open market |
Date of aEEt Yi&itieR / sale of shares I VR or date of receipt of intimation of allotment of shares, whichever is applicable | March 29, 2017 (Date of sale of shares) |
Equity share capital I total voting capital of the TC before the said aeqwisitieR / 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 aeEtwisitieR / 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. |
# Being wholly owned Subsidiary, Nettle Infrastructure Investments Limited forms part of promoter group and is a person acting in concert with Bharti Airtel Limited. Therefore, aggregate holding of Promoter and Promoter Group (i.e Bharti Airtel Limited alongwith Nettle) after the transaction shall be 61.65%.
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the stock Exchange under Regulation 31 ofthe 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.
Fo :; J
Rohit Kr n Puri .
l- Deputy Company Secretary
Place: New Delhi Date: March 29, 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 29 March 2017 and is solely responsible for the information contained herein.
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