The HR & Nomination Committee of Bharti Airtel approved the grant of 927,107 stock options to 138 employees during its meeting held on August 4, 2026. This move aligns employee incentives with long-term performance goals through five specific plans under the company’s ESOP Scheme 2005. The disclosure was made pursuant to Regulation 30 of the SEBI Listing Regulations and SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Grant Details

The committee authorized the issuance of options across five distinct incentive frameworks. Each option granted entitles the holder to one equity share of ₹5 face value. The pricing formula ensures that the option price is not less than the face value of the equity share, as per the ESOP Scheme.

Regulatory Compliance

The ESOP scheme complies with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The vesting and exercise periods are governed by the terms of the ESOP Scheme, which may be amended from time to time. Clauses (g) to (n) of Clause 10 of Para B of Annexure 18 of the referenced SEBI Master Circular were noted as not applicable to this transaction.

What the Numbers Show

The distribution of nearly one million options among 138 employees indicates an average allocation of approximately 6,718 options per recipient. The inclusion of both performance-based and leadership-specific plans suggests a structured approach to rewarding different tiers of contribution within the organization, balancing broad participation with targeted retention for key roles.

Bharti Airtel Limited has appointed Vivek Mehta as Chief Internal Auditor and Head - Internal Assurance, effective August 5, 2026. The appointment was approved by the Board of Directors during a meeting held on August 4, 2026, which commenced at IST 1400 Hrs and concluded at IST 1740 Hrs. Mehta succeeds Ramjee Verma, who will be moving into a new role within the Group w.e.f. August 5, 2026.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Rohit Krishan Puri, Company Secretary & Compliance Officer, signed the filing on August 4, 2026.

Executive Profile

Vivek Mehta currently serves as Global Shared Service Head and Senior Vice President - Finance at Bharti Airtel. He brings over two decades of diverse experience in financial leadership, particularly within the telecommunications sector. Before joining Airtel, Mehta was associated with VIP Industries Ltd.

His career at Bharti Airtel includes progressive leadership roles, notably his previous position as Head - Regulatory Compliance. In his current capacity, he leads initiatives to automate and simplify financial processes across geographies for the Company. Management noted that Mehta has demonstrated capabilities in operational excellence, strengthening governance, regulatory compliance, and large team handling throughout his tenure.

Key Details of Appointment

The change represents an internal organizational shift, with the incumbent moving to a different function within the Group rather than exiting the organization entirely.