Bharti Airtel has completed a major network expansion initiative in Gujarat, deploying over 2,750 new 5G sites across the state over the past 12 months. This significant infrastructure development enhances connectivity for more than 41 million customers across 36 districts, from bustling cities to remote rural villages.

Comprehensive Network Coverage Enhancement

The telecommunications major's expansion brings high-speed 5G coverage to key districts including Ahmedabad, Baroda, Rajkot, and Surat. With eight new sites going live every day, the enhanced network supports smoother streaming, faster downloads, uninterrupted online work and learning, and more reliable digital payments across the state.

Strategic Service Offering

Concurrent with the network expansion, Bharti Airtel has enhanced its ₹399 recharge pack to offer fully unlimited data for smartphone users. This pricing strategy provides customers with uninterrupted digital access for streaming, studying, working, and staying connected without data limits.

Leadership Perspective on Growth

"Data consumption across Gujarat continues to grow rapidly, and our focus is to stay ahead of this demand by consistently strengthening our network. The addition of over 2,750 new 5G sites across the state will deliver faster speeds, wider coverage and a superior connectivity experience for millions of customers," said Adarsh Verma, CEO – Gujarat, Bharti Airtel.

Market Impact and Future Readiness

The expansion demonstrates Bharti Airtel's commitment to powering Gujarat's digital growth with robust, future-ready network infrastructure. The deployment covers rural and semi-urban villages, highways, border areas, and key economic corridors, ensuring comprehensive connectivity across high mobility and high usage zones. This strategic investment positions the company to serve the growing digital needs of citizens, students, micro-businesses, and government institutions throughout the state.

Bharti Airtel Limited has successfully completed the conversion of 391,176,994 partly paid-up equity shares into fully paid-up equity shares following the receipt of final call payments. The telecommunications company received an aggregate amount of ₹156,959.77 million from eligible shareholders who responded to the first and final call payment process.

Corporate Actions and Trading Commencement

The company has completed necessary corporate actions for credit of 390,998,501 fully paid-up equity shares to the demat accounts of eligible shareholders. Following receipt of listing and trading approvals from National Stock Exchange of India Limited and BSE Limited, these shares will be available for trading with effect from Monday, March 23, 2026, under ISIN INE397D01024.

Technical Delays and Outstanding Shares

Corporate actions for 178,493 partly paid-up equity shares could not be completed at the Depositories' end due to technical errors in the demat accounts of concerned shareholders. The company will take appropriate steps to convert such shares to fully paid-up equity shares in due course, upon request from affected shareholders.

Conversion Process Details

The Special Committee of Directors for Rights Issue approved the conversion of the partly paid-up equity shares on March 18, 2026. The conversion process transforms shares with a paid-up value of ₹1.25 each into fully paid-up equity shares of ₹5 face value each, pursuant to the Letter of Offer dated September 22, 2021.

Regulatory Compliance and Future Actions

Company Secretary & Compliance Officer Rohit Krishan Puri has overseen the regulatory compliance process, ensuring proper notification to both stock exchanges regarding the conversion completion. The converted shares will rank pari passu with existing fully paid-up equity shares.

Despite the successful conversion of the majority of partly paid-up shares, the company has indicated it will issue reminder notices for remaining unpaid shares in due course, following applicable laws and subject to necessary approvals from the Board or its authorized Committee. The conversion represents a significant milestone in Bharti Airtel's capital restructuring process, strengthening the company's equity base while providing clarity on the capital structure for investors and market participants.