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Together good things happen - Airtel

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23.Related Party Disclosures :<br />

In accordance with the requirements of Accounting<br />

Standards (AS) -18 on Related Party Disclosures, the<br />

names of the related parties where control exists and/or<br />

with whom transactions have taken place during the year<br />

and description of relationships, as identified and certified<br />

by the management are:<br />

List of Related Parties:<br />

Key Management Personnel :<br />

Sunil Bharti Mittal<br />

Manoj Kohli<br />

Sanjay Kapoor (w.e.f. March 1, 2010)<br />

Other Related Parties<br />

Name of the Related Party and Relationship<br />

Subsidiary Companies<br />

Bharti Hexacom Limited<br />

Bharti <strong>Airtel</strong> Services Limited<br />

Bharti Telemedia Limited<br />

Bharti <strong>Airtel</strong> (USA) Limited<br />

Bharti <strong>Airtel</strong> Lanka (Private) Limited<br />

Bharti <strong>Airtel</strong> (UK) Limited<br />

Bharti <strong>Airtel</strong> (Canada) Limited<br />

Bharti <strong>Airtel</strong> (Hongkong) Limited<br />

Bharti Infratel Limited<br />

Network i2i Limited<br />

Bharti <strong>Airtel</strong> Holdings (Singapore) Pte Limited<br />

Bharti <strong>Airtel</strong> (Singapore) Private Limited<br />

Bharti International (Singapore) Pte Limited<br />

(subsidiary of Bharti <strong>Airtel</strong> Holdings (Singapore)<br />

Pte Limited)<br />

Bharti <strong>Airtel</strong> International (Netherlands) B.V<br />

(subsidiary of Bharti International (Singapore)<br />

Pte Limited) *<br />

Warid Telecom International Limited<br />

(subsidiary of Bharti <strong>Airtel</strong> Holdings (Singapore)<br />

Pte Limited)*<br />

Bharti Infratel Lanka (Private) Limited<br />

(subsidiary of Bharti <strong>Airtel</strong> Lanka (Private) Limited)<br />

Bharti Infratel Ventures Limited<br />

(subsidiary of Bharti Infratel Limited)<br />

Associates<br />

Alcatel-Lucent Network Management Services<br />

India Limited *<br />

Bharti Teleports Limited<br />

Joint Venture/Joint Venture of Subsidiary<br />

Forum I Aviation Limited<br />

Indus Towers Limited<br />

Bridge Mobile Pte Limited<br />

Entities where Key Management Personnel exercises<br />

significant influence / Group Companies<br />

Beetel Teletech Limited<br />

(formerly Bharti Teletech Limited)<br />

Bharti <strong>Airtel</strong> Employees Welfare Trust<br />

(formerly Bharti Tele-ventures Employees<br />

Welfare Trust)<br />

Bharti Axa General Insurance Company Limited<br />

Bharti Axa Investment Managers Private Limited<br />

Bharti Axa Life Insurance Company Limited<br />

Bharti Enterprises Limited<br />

Bharti Foundation<br />

Bharti Realty Holdings Limited<br />

(formerly Tamarind Projects Private Limited)<br />

Bharti Realty Limited<br />

(formerly Bharti Realty Private Limited)<br />

Bharti Retail Limited<br />

(formerly Bharti Retail Private Limited)<br />

Bharti Wal-Mart Private Limited<br />

Centum Learning Limited<br />

Comviva Technologies Limited<br />

Fieldfresh Foods Private Limited<br />

(formerly Bharti Del Monte India Private Limited)<br />

Guernsey <strong>Airtel</strong> Limited<br />

Jataayu Software Limited<br />

(merged with Comviva Technologies Limited<br />

w.e.f 01-04-2008)<br />

Jersey <strong>Airtel</strong> Limited<br />

Telecom (Seychelles) Limited<br />

Entity having significant influence<br />

Singapore Telecommunications Limited<br />

Pastel Limited<br />

Bharti Telecom Limited<br />

* Refer Note 2 on Schedule 22

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