Statement of Nil deviation/ variation

bharti August 4, 2026 National Stock Exchange of India Limited Exchange Plaza, C-1 Block G Sandra Kurla Complex, Sandra (E) Mumbai -400051, India Symbol: BHARTIARTU AIRTELPP BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai -400001, India Scrip Code: 532454/ 890157 Sub: Monitoring Agency Report and statement of nil deviation/ variation for the quarter ended June 30, 2026 Dear Sir/ Ma'am, In compliance of Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and applicable provisions of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, we hereby submit the following for the quarter ended June 30, 2026 w.r.t. utilization of the proceeds of First and Final Call on partly paid-up equity shares of the Company: (a) Monitoring Agency Report dt. August 4, 2026 issued by Axis Bank Limited (Annexure-AJ; (b) Statement of nil deviation or variation in the utilization of First and Final Call proceeds (Annexure-8). The Audit Committee and Board of Directors of the Company, in the meetings held on Tuesday, August 4, 2026, have reviewed the above documents and taken note of the same. Kindly take the same on record Thanking you, Sincerely yours, For Bharti Airtel Limited R C'!l'l'l""OTTl't- --=- • ~ Compan etary ompliance Officer Encl.: As above Bharti Airtel Limited (a Bharti Enterprise) Regd. Office: Airtel Center, Pio! No. 16, Udyog Vihar, Phase-IV, Gurugram -122015, India Corporate Office: Bharti Crescent, 1, Nelson Mandela Road, Vas ant Kunj, Phase II, New Delhi -110070, India T.: +Sl-124-4222222, F.: +91-124-4248063, Email: compliance.offker@bhart1 m, Website· www.a,rtel m CIN: L74899HR1995PLCD95967 Annexure-A R 'P RT F TIIE iVIONITORING AGEN Y N 111' ot'th' ls~111Jr: Bhnrti Ait'kl imikd For qu 1.rt ·rend x:I: Jun' '0. -0-6 Num' ofth' monitoring ngc.11 ·y: Al\i, Bnnk imited (n) Devintiun from tfa: bj ts: N viati 11 (b) RnngeofDeviati 11*: N Dcviltion Indicate the range of p reel/la ful'i 1tio11 from the amoulll of issue proceeds earmarked for the objects. For example, up to 10%, 10-r %. 25-50 -0- - \ 7--100%, 1101 ascertainable etc. Range of D vimion mny b 0111µ111 rf by taking weighted m,erage off i11a11cial deviation of each object in the ratio of issue proceeds a/locatedf or it. 1\ on~/i11n11 in/ deviation may be indicated separately by way of notes. Declaration: We hereby declare that this, port is b ised 011 the format as prescribed by Securities and E-rchange Board ofI ndia (Issue a/Capital and Disclosure Requirem 11t:,) Reg11/ario11s, 2018 ("SEBI ICDR Regulations"), as amended. We further declare that this report providi s true and.fair vi w oft he 111ilizario11 of issue proceeds. We declare that we do not hm·e a11J direc indirect illlerest in or relationship with the issuer/ promoters/ director management and also co11fir111 that we do 1101 perceive any conflict of interest in such relationship/ interest while monitoring and reporting the 111ili:::atio11 ofi ssue proceeds by the issuer. ThMking you. Yours Faithfully, 1FQ1f'~~ i2I[J,hil6f LT O. I RASTOGI D Branch He~d _,t'/l ..~ No. 10." Name of the Authorized Person/Signing Authority: Designation of Authorized Person/Signing Authority: Authorised Signatory Date: August 4, 2026 18 NETAJI SUBHASH MARG DARYA GANJ New Delhi. Delhi. India 110002 REGISTERED OFFICE: "Trishul" -3rd Floor Opp. Samartheswar Temple, Near Law Garden, Ellisbridge, Ahmedabad • 380006. Telephone No. 079-26409322 Fax No. -079-26409321 (IN: L6511 0GJ 1993PLC020769 Website· WWW axisbank.com I) Issuer Details: Nnmc of Lhc issuer Bhnrti Airtel Limited The nnmcs of tlu: pmmot ·rs of the issuer llhurti Telecom Limited Industry/sector to whi h it belongs Telecommunications 2) Issue Dctnils: Issue period 17 days (From Tuesday, October 05, 2021 to Thursday, October 21, 2021) Type of issue (rights) Right Issue Type of specified securities Equity share rnding NA Issue size (Rs. in Crores) 20,987.39 Crores* * P11rs11an1 to the Rights Issue ("Issue'') undertaken by the Bharti Airtel Limited (the "Company'') i~ terms of ihe Lei/er of Offer dated September 22, 2021 ("Lei/er of Offer''), the Company had issued and a/lolled 392,287,662 equity shares, to its eligible shareholders at an Issue Price of Rs. 535 per share (including a premium ofR s. 530), in the ratio of I (One) additional equity share for every 14 (Fourteen) equity shares held by eligible shareholders as on the record date i.e. September 28, 2021. Accordingly, the aggregate Issue size amounted to Rs.20,987.39 Crores. In accordance with the terms of the Issue as specified in the Lei/er of Offer, the Company received Rs. 133. 75 per share (comprising Rs. 1.25 towards/ace value and Rs. 132.50 towards premium) as application money, and consequently, the partly paid-up equity shares were a/lo/led by the Company on October 27, 2021. The Board of Directors (" Board'') of the Company, in its meeting held on December 18, 2025, had decided lo make the First and Final Call of Rs. 401.25 per share (comprising Rs. 3. 75 towards/ace value and Rs. 397.50 towards premium) (the "Firs/ and Final Call'') in respect of the outstanding 392,287,662 partly paid-up equity shares, payable between Monday, March 02, 2026 to Monday, March 16, 2026 (both days inclusive), aggregating to Rs. I 5,740.54 Crores. Pursuant to the above, the Company has received an aggregate amount ofR s. 15,695.98 Crore towards First and Final Call on 391,176,994 partly paid up equity shares from the eligible shareholders. ANNEXUREI 3) Details of the arrangement made to ensure the monitoring of proceeds from the call money: (Give item by item description for all the objects, as well as for the sub-heads (if any) given under objects, stated in the offer document separately in following fo1mat /iSou;ce ofinformation/ Comments of . . • • : fertifications the • Comments the Particulars : considered by • Monitoring Board of Directors J\'.l\initoring Agency for •• re ar ation .of re ort Agency Whether all the utilisation of the call money is I as per disclosure in the Offer Yes/No Yes Document? Whether shareholders' approval is obtained in case of material deviations" Certificate provided by Yes/No NA from expenditures disclosed in the Offer Chartered Accountants' Document? Firm Whether means of finance for disclosed Yes/No No ob'ects of the Issue has chan ed? Any major deviation(s) observed over the Yes/No No earlier monitorin a enc re orts? 18 NETAJI SUBHASH MARG DARYA GANJ New Delhi. Delhi. India 110002 Emr REGISTERED OFFICE : "Trishul" -3rd Floor Opp. Samartheswar Temple, Near Law Garden, Ellisbridge, Ahmedabad -380006. Telephone No. 079-26409322 Fax No. -079-26409321 CIN: L6511 0GJl 993PLC020769 Website· www axisbank corn - -- - ·--- ---r-------....... -o· lnrorm ·11nn1 .nmmtntJ or rrrtlOrnllon• 1hr (:ommtnt., tbt l'nrll 11h11. 1\0111 on~hlcrcd hy ror tonltorlni: Tlnnrd o( Oln:do Agenc Whl·lhrr 1111 l,l1l\'n111nc111/ slullllory npp1 l\'11I~ 1 ·l111cu ll• lh • objcct(s) hove Yes/ o Yes t,l'l.'11 ,,btulm•d' Whl·lhcr nll u1Tn11gc111cnts pertaining lo lcd111k11I 11ssistnnc collnborntion arc in Yes/ o y r, ll'l'lll ion'l events improving Yes/ No ny unfovournblc events affecting ob'cct s vinbilit ? Yes/No Any other relevant information that may mnlcrinlly affect decision making of the Yes/ No investors? • Where material deviation is as defined in SEBI ICDR RegulatiollS. 4) Detail of object( ) to be monitored: (i) Progress in the object(s): (Give item by item description for all the objects stated in offer document separately in following format) (Quarter refers to Qunrter ended June 30, 2026) Total Commentsol Comme- Source of unutilized Amount of Amount utilized the nts of the information/ Amount Amount as call money (Rs. Mn.) Monitoring Board of s. certifications (Rs. Mn.) proposed received Agency Directors considered by (E=A-D) No Item Head" in the Offer during the Monitoring As at At the Document quarter During Agency for Beginning end (Rs. Mn.) (Rs. Mn.) the preparation ol [Showing first 8,000 characters — download PDF for full document]