Monday, February 4, 2008

Bharti Airtel - Allotment of equity shares

Bharti Airtel Ltd has informed that the Allotment Committee of Directors of the Board of the Company at its meeting held on February 04, 2008, has allotted 11,675 Equity Shares to the employees upon exercise of stock options pursuant to ESOP Scheme 2005 of the Company in the following manner:

- 8,650 fully paid up equity shares of Rs 10/- each at an exercise price of Rs 221/-

- 775 fully paid up equity shares of Rs 10/- each at an exercise price of Rs 313/-

- 800 fully paid up equity shares of Rs 10/- each at an exercise price of Rs 357/-

- 1,150 fully paid up equity shares of Rs 10/- each at an exercise price of Rs 390/-

- 300 Equity Shares of Rs 10/- each fully paid up at an exercise price of Rs 412/-

With the allotment of the above shares the equity base of the Company stand increased from present level of 1897883246 (Nos.) to 1897894921 (Nos.) Equity shares of Rs 10/- each.

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