Monday, April 7, 2008

Bharti Airtel - Allotment Of Equity Shares

Bharti Airtel Ltd has informed that the Allotment Committee of Board of Directors of the Company in its meeting held on April 04, 2008, has allotted 19,950 Equity Shares to the employees upon exercise of stock options pursuant to ESOP Scheme 2005 of the Company in the following manner:

- 14,450 Equity Shares of Rs 10/- each fully paid up at an exercise price of Rs 221/-

- 1,075 Equity Shares of Rs 10/- each fully paid up at an exercise price of Rs 313/-

- 950 Equity Shares of Rs 10/- each fully paid up at an exercise price of Rs 357/-

- 1,100 Equity Shares of Rs 10/- each fully paid up at an exercise price of Rs 390/-

- 2,225 Equity Shares of Rs 10/- each fully paid up at an exercise price of Rs 412/-

- 150 Equity Shares of Rs 10/- each fully paid up 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 1897907446 (Nos.) to 1897927396 (Nos.) Equity shares of Rs 10/- each.

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