Bharti Airtel Ltd

This is in reference to the USD 1000 million 1.50% Convertible Bonds due 2025 (ISIN USY0889VAA80) issued by the Company vide Offering Circular dated January 14 2020 convertible into Companys fully-paid up equity shares of INR 5/- each at any time on or after February 27 2020 and upto the close of business hours on February 07 2025 at the option of the FCCB holders.We wish to submit that upon receipt of notice for conversion of FCCBs of principle value of USD 1000000 from certain holders of FCCBs the Special Committee of Directors for Fund Raising has today i.e. on May 11 2023 approved the allotment of 138246 fully paid-up equity shares of face value INR 5/- each at a conversion price of INR 521/- per equity share to such holders of FCCBs.