Thursday, March 6, 2008

Bharti Airtel - Allotment Of Equity Shares

Bharti Airtel Ltd has informed that the Allotment Committee of Directors of the Board of the Company in its meeting held on March 05, 2008, has allotted 12,525 Equity Shares to the employees upon exercise of stock options pursuant to ESOP Scheme 2005 of the Company in the following manner:

- 7,725 fully paid up equity shares of Rs 10/- each at an exercise price of Rs 221/-

- 1,000 fully paid up equity shares of Rs 10/- each at an exercise price of Rs 313/-

- 1,225 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/-

- 275 fully paid up equity shares of Rs 10/- each at an exercise price of Rs 412/-

- 1,150 fully paid up equity shares of Rs 10/- each at an exercise price of Rs 597/-

With the allotment of the above shares the equity base of the Company stand increased from present level of 1897894921 (Nos.) to 1897907446 (Nos.) Equity shares of Rs 10/- each.

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