Wednesday, February 25, 2009

Bharti Airtel - Allotment Of Equity Shares- Feb 25, 2009

Bharti Airtel Ltd has informed that Committee of Directors of Board of Directors of the Company in its meeting held on February 24, 2009, has allotted 4,200 Equity Shares to the employees upon exercise of stock options pursuant to ESOP Scheme 2005 of the Company in the following manner:

- 3225 Equity Shares of Rs 10/- each fully paid up at an exercise price of Rs 221/-
- 750 Equity Shares of Rs 10/- each fully paid up at an exercise price of Rs 313/-
- 100 Equity Shares of Rs 10/- each fully paid up at an exercise price of Rs 390/-
- 125 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 1,898,231,619 (Nos.) to 1,898,235,819 (Nos.) equity shares of Rs 10/- each.

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