Bharti Airtel establishes new wholly-owned subsidiary
Bharti Airtel has announced the incorporation of a new step-down wholly-owned subsidiary, Airtel Money Limited, on July 8, 2025. The announcement, made to the National Stock Exchange of India and the Bombay Stock Exchange, fulfills disclosure requirements under Regulation 30 of the SEBI Listing Regulations, 2015. Airtel Money Limited has an initial authorized share capital of INR 1,000,000 and a paid-up/subscribed share capital of INR 100,000. The company's shares were subscribed at par. The incorporation is considered a related party transaction, and the listed entity will retain 100% control. The Ministry of Corporate Affairs, Government of India, issued the Certificate of Incorporation for the company, which is incorporated in India.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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