Airtel subsidiary redeems $500m perpetual securities

Network i2i Limited, a wholly owned subsidiary of Bharti Airtel , has completed the redemption of its outstanding 3.975% USD 500,000,000 Subordinated Perpetual Securities on May 29, 2026. The securities were listed on the Singapore Stock Exchange and guaranteed by Bharti Airtel. This transaction reduces the debt obligations of the subsidiary and its parent company.

Details of the Redemption

The redemption involved the full repayment of the principal amount for the subordinated perpetual securities. The instruments carried a coupon rate of 3.975%.

Particulars	Details
Subsidiary	Network i2i Limited
Security Type	Subordinated Perpetual Securities
Principal Amount	USD 500,000,000
Coupon Rate	3.975%
Listing Exchange	Singapore Stock Exchange
Guarantor	Bharti Airtel Limited
Redemption Date	May 29, 2026

The completion of this redemption was communicated to the exchanges by Rohit Krishan Puri, Company Secretary & Compliance Officer of Bharti Airtel.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.25%	-3.98%	+0.49%	-13.55%	-0.80%	+258.47%

Bharti Airtel witnessed a series of significant block trades on the National Stock Exchange (NSE), with transactions collectively valued at over ₹2,000 crores. The deals spanned multiple trade sizes and prices, ranging from ₹1826.90 to ₹1834.50 per share, underscoring sustained and substantial institutional interest in the telecom major's stock.

Block Trade Details

The following table summarizes the key parameters of all block trades recorded on the NSE:

Parameter:	Trade 1	Trade 2	Trade 3	Trade 4	Trade 5
Exchange:	NSE	NSE	NSE	NSE	NSE
Trade Value:	₹26.19 crores	₹220.66 crores	₹589.12 crores	₹1197.43 crores	₹25.81 crores
Number of Shares:	~143,078	~1,207,838	~3,213,619	~6,527,982	~140,706
Trade Price:	₹1830.50 per share	₹1826.90 per share	₹1833.20 per share	₹1834.30 per share	₹1834.50 per share

Block trades of this scale are typically executed by institutional investors or large market participants, and are carried out outside the regular order book to minimize market impact. The multiple transactions in Bharti Airtel, ranging from a relatively smaller deal of ₹25.81 crores to a substantial transaction of ₹1197.43 crores, reflect broad and deep institutional participation in the counter. The cumulative volume across these trades, involving over 11 million shares, highlights the continued strong interest from large investors in the telecom major.