Together good things happen - Airtel
Together good things happen - Airtel Together good things happen - Airtel
Stock market data for the period April 1, 2009 to March 31, 2010 Share price performance in comparison with NSE Nifty and BSE Sensex Pre Sub-division of Shares Apr-09 752.75 614.85 84,539,150 749.30 615.05 9,137,666 May-09 1003.20 748.65 138,847,858 937.60 747.65 18,007,215 Jun-09 854.40 786.40 86,163,296 854.60 786.35 16,790,229 Jul-09 849.05 766.35 51,029,857 849.05 766.20 7,818,660 Post Sub-division of Shares NSE BSE Month High (Rs) Low (Rs) Volume (Nos) High (Rs) Low (Rs) Volume (Nos) Jul-09 429.55 410.10 42,645,984 427.55 410.55 4,131,412 Aug-09 435.20 373.00 148,934,868 434.80 374.15 26,789,794 Sep-09 442.95 404.95 144,749,501 442.60 405.35 22,589,104 Oct-09 435.10 292.85 467,740,211 435.35 292.15 88,166,197 Nov-09 320.05 275.25 212,102,425 319.90 275.80 41,623,030 Dec-09 342.40 304.55 163,726,346 342.35 304.20 34,138,856 Jan-10 331.50 306.40 94,948,927 330.90 306.50 16,465,190 Feb-10 315.30 271.60 162,138,627 315.30 272.45 30,171,271 Mar-10 316.35 288.00 110,362,089 316.30 288.15 20,854,297 Note: During the month of July 2009, the Company had sub-divided its 1 equity share of Rs 10 each into 2 equity share of Rs 5 each. Data for July 2009 has been re-adjusted accordingly Source: www.nseindia.com Source: www.bseindia.com Bharti Share Price (Rs) 600 500 400 300 200 100 0 Share Transfer System Bharti Share Price Vs NSE Nifty Bharti NSE Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 6,000 5,000 4,000 3,000 2,000 1,000 99.86% of the equity shares of the Company are held in dematerialised form. Transfer of these shares is done through the depositories without any involvement of the Company. Transfers of shares in physical form are normally processed within 15 days from the date of receipt, provided the documents are complete in all respects. All transfers are first processed by the Transfer Agent and are submitted to the Company for approval thereafter. The authorised officials of 0 NSE Nifty Bharti Share Price (Rs) 600 500 400 300 200 100 Bharti Share Price Vs BSE Sensex Bharti BSE Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Note: Pursuant to the sub-division of the Company’s shares, the share prices for the financial year have been re-adjusted appropriately for the graphical presentation 22,000 18,000 14,000 10,000 6,000 2,000 BSE Sensex the Company approve the transfer and the duly transferred shares are returned to the shareholders. The Company obtains a certificate from a practicing company secretary on half-yearly basis to the effect that all the transfers are completed in the statutorily stipulated period. In compliance with clause 47(c) of the listing agreements, a copy of the certificates so received is submitted to both stock exchanges, where the shares of the Company are listed.
Distribution of shareholding By number of shares held as on March 31, 2010 Sl. No. Category No. of shareholders % to holders No. of shares % of shares 1 1 – 5000 461216 97.61% 46615807 1.23% 2 5001 – 10000 5742 1.22% 8615761 0.23% 3 10001 – 20000 2463 0.52% 7141472 0.19% 4 20001 – 30000 799 0.17% 3976000 0.10% 5 30001 – 40000 408 0.09% 2883750 0.07% 6 40001 – 50000 289 0.06% 2661401 0.07% 7 50001 – 100000 471 0.10% 6799227 0.18% 8 100001 – above 1110 0.23% 3718836678 97.93% Total 472498 100% 3,797,530,096 100% By category of holders as on March 31, 2010 Sl. Category No. of % of No. shares holding I Promoter and promoter group (i) Indian promoters 1725513056 45.44% (ii) Foreign promoters 850280286 22.39% Total promoters shareholding 2575793342 67.83% II Public shareholding (A) Institutional investors (i) Mutual Funds and Unit Trust of India 113065402 2.98% (ii) Financial institutions and Banks 7140138 0.19% (iii) Insurance companies 180764430 4.76% (iv) Foreign Institutional Investors 684578088 18.03% (B) Others (i) Bodies Corporate (Indian) 132490520 3.49% (ii) Bodies Corporate (foreign) 5082710 0.13% (iii) Trusts 3317543 0.09% (iv) NRIs/ OCBs / Foreign Nationals 10550686 0.27% (v) Indian Public & Others 84747237 2.23% Total Public Shareholding 1221736754 32.17% Total Shareholding 3797530096 100% Dematerlisation of shares and liquidity The Company’s shares are compulsorily tradable in dematerialised form through the two depositories i.e. National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL). The shareholders can hold the Company’s shares with any of the depository participants registered with these depositories. As on March 31, 2010 over 99.86% shares of the Company were held in dematerialised form. ISIN for the Company’s shares is INE 397D01024. The equity shares of the Company are frequently traded at the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited. Outstanding GDRs/ADRs/warrants/options During the financial year 2004-05, the Company issued USD 115,000,000 zero coupon convertible bonds (“Bonds”), due in 2009. The Bonds were convertible at any time after June 12, 2004 up to April 12, 2009 by the holders into fully paid equity shares of Rs 10 per share, at an initial conversion price of Rs 233.17 per share. As updated in the last Corporate Governance Report, in April 2009, out of the total outstanding FCCBs (Foreign Currency Convertible Bonds) of USD 400,000 as on March 31, 2009, the Company had received a notice for conversion of FCCBs of USD 350,000 into 65,385 equity shares which were given effect to. The balance FCCB’s worth USD 50,000 have been redeemed at 111.84% of their principal amount. As on March 31, 2010, the Company did not have any outstanding FCCBs for conversion. Communication addresses: For corporate governance and other secretarial related matters Vijaya Sampath Group General Counsel and Company Secretary Bharti Airtel Limited Bharti Crescent, 1, Nelson Mandela Road, Vasant Kunj, Phase - II, New Delhi 110 070 Email: compliance.officer@bharti.in For queries relating to Investor Relations Harjeet Kohli Group Treasurer Bharti Airtel Limited Bharti Crescent, 1, Nelson Mandela Road, Vasant Kunj, Phase - II, New Delhi 110 070 Email: ir@bharti.in For Corporate Communication related matters Senjam Raj Sekhar Head-Group Corporate Communications Bharti Airtel Limited Bharti Crescent, 1, Nelson Mandela Road, Vasant Kunj, Phase - II, New Delhi 110 070 Email: corporate.communication@bharti.in Registrar & Transfer Agent Karvy Computershare Pvt. Ltd. Plot No. 17-24, Vittalrao Nagar Madhapur Hyderabad 500 081 Ph No. +91 40 23420815-821 Fax No. +91 40 23420814 E-mail id: einward.ris@karvy.com Website: www.karvy.com Toll Free No. 1-800-3454001 Bharti Airtel Annual Report 2009-10 61
- Page 11 and 12: To be provided Akhil Gupta Chua Soc
- Page 13 and 14: Pulak Chandan Prasad Rakesh Bharti
- Page 15 and 16: Bharti Airtel Annual Report 2009-10
- Page 17 and 18: CEO (India & South Asia)’s Airtel
- Page 19 and 20: Airtel Experience Last year was tru
- Page 21 and 22: Together good things happen custome
- Page 23 and 24: Together good things happen Bharti
- Page 25 and 26: Bharti Airtel Annual Report 2009-10
- Page 27 and 28: Taking everybody along Bharti Airte
- Page 29 and 30: Bharti Airtel Annual Report 2009-10
- Page 31 and 32: Bharti Airtel Annual Report 2009-10
- Page 33 and 34: Photos by Amit Bhatia, Legal & Regu
- Page 35 and 36: exemption to the Company from attac
- Page 37 and 38: In July 2009, the Company has sub-d
- Page 39 and 40: egarding compliance of conditions o
- Page 41 and 42: Information regarding the Employees
- Page 43 and 44: • Restriction on Sale of Equity O
- Page 45 and 46: FINANCIAL PERFORMANCE (Amount in Rs
- Page 47 and 48: INTERNAL CONTROL SYSTEMS The Compan
- Page 49 and 50: consent. The appointments of such d
- Page 51 and 52: g) Tenure of independent directors
- Page 53 and 54: directors will be entitled to commi
- Page 55 and 56: - Matters required to be included i
- Page 57 and 58: Key Responsibilities Key responsibi
- Page 59 and 60: Special resolutions passed at the l
- Page 61: MEANS OF COMMUNICATION The quarterl
- Page 65 and 66: The Board of directors, Bharti Airt
- Page 67 and 68: Annexure referred to in paragraph 4
- Page 69 and 70: (x) The Company has no accumulated
- Page 71 and 72: Bharti Airtel Annual Report 2009-10
- Page 73 and 74: Particulars C. Cash flow from finan
- Page 75 and 76: Particulars SCHEDULE : 3 SECURED LO
- Page 77 and 78: Particulars SCHEDULE : 6 INVESTMENT
- Page 79 and 80: Particulars SCHEDULE : 9 CASH AND B
- Page 81 and 82: Bharti Airtel Annual Report 2009-10
- Page 83 and 84: SCHEDULE: 21 STATEMENT OF SIGNIFICA
- Page 85 and 86: Forward Exchange Contracts covered
- Page 87 and 88: Minimum Alternative Tax (MAT) credi
- Page 89 and 90: Unless otherwise stated below, the
- Page 91 and 92: 6. Employee benefits a) During the
- Page 93 and 94: e) The estimates of future salary i
- Page 95 and 96: epayable on disconnection, net of o
- Page 97 and 98: 2008-09 Particulars Year ended Purc
- Page 99 and 100: ) Details of trade investments purc
- Page 101 and 102: Bharti Airtel Annual Report 2009-10
- Page 103 and 104: Related Party Transaction for 2009-
- Page 105 and 106: Related Party Transaction for 2009-
- Page 107 and 108: Related Party Transaction for 2008-
- Page 109 and 110: Related Party Transaction for 2008-
- Page 111 and 112: 24.Operating lease - As a Lessee Th
Stock market data for the period April 1, 2009 to March 31, 2010<br />
Share price performance in comparison with NSE Nifty and BSE Sensex<br />
Pre Sub-division of Shares<br />
Apr-09 752.75 614.85 84,539,150 749.30 615.05 9,137,666<br />
May-09 1003.20 748.65 138,847,858 937.60 747.65 18,007,215<br />
Jun-09 854.40 786.40 86,163,296 854.60 786.35 16,790,229<br />
Jul-09 849.05 766.35 51,029,857 849.05 766.20 7,818,660<br />
Post Sub-division of Shares<br />
NSE BSE<br />
Month High (Rs) Low (Rs) Volume (Nos) High (Rs) Low (Rs) Volume (Nos)<br />
Jul-09 429.55 410.10 42,645,984 427.55 410.55 4,131,412<br />
Aug-09 435.20 373.00 148,934,868 434.80 374.15 26,789,794<br />
Sep-09 442.95 404.95 144,749,501 442.60 405.35 22,589,104<br />
Oct-09 435.10 292.85 467,740,211 435.35 292.15 88,166,197<br />
Nov-09 320.05 275.25 212,102,425 319.90 275.80 41,623,030<br />
Dec-09 342.40 304.55 163,726,346 342.35 304.20 34,138,856<br />
Jan-10 331.50 306.40 94,948,927 330.90 306.50 16,465,190<br />
Feb-10 315.30 271.60 162,138,627 315.30 272.45 30,171,271<br />
Mar-10 316.35 288.00 110,362,089 316.30 288.15 20,854,297<br />
Note: During the month of July 2009, the Company had sub-divided its 1 equity share of Rs 10 each into 2 equity share of Rs 5 each. Data for July<br />
2009 has been re-adjusted accordingly<br />
Source: www.nseindia.com Source: www.bseindia.com<br />
Bharti Share Price (Rs)<br />
600<br />
500<br />
400<br />
300<br />
200<br />
100<br />
0<br />
Share Transfer System<br />
Bharti Share Price Vs NSE Nifty<br />
Bharti NSE<br />
Apr-09<br />
May-09<br />
Jun-09<br />
Jul-09<br />
Aug-09<br />
Sep-09<br />
Oct-09<br />
Nov-09<br />
Dec-09<br />
Jan-10<br />
Feb-10<br />
Mar-10<br />
6,000<br />
5,000<br />
4,000<br />
3,000<br />
2,000<br />
1,000<br />
99.86% of the equity shares of the Company are held in<br />
dematerialised form. Transfer of these shares is done through<br />
the depositories without any involvement of the Company.<br />
Transfers of shares in physical form are normally processed<br />
within 15 days from the date of receipt, provided the<br />
documents are complete in all respects. All transfers are first<br />
processed by the Transfer Agent and are submitted to the<br />
Company for approval thereafter. The authorised officials of<br />
0<br />
NSE Nifty<br />
Bharti Share Price (Rs)<br />
600<br />
500<br />
400<br />
300<br />
200<br />
100<br />
Bharti Share Price Vs BSE Sensex<br />
Bharti BSE<br />
Apr-09<br />
May-09<br />
Jun-09<br />
Jul-09<br />
Aug-09<br />
Sep-09<br />
Oct-09<br />
Nov-09<br />
Dec-09<br />
Jan-10<br />
Feb-10<br />
Mar-10<br />
Note: Pursuant to the sub-division of the Company’s shares, the share prices for the financial year have been re-adjusted appropriately for<br />
the graphical presentation<br />
22,000<br />
18,000<br />
14,000<br />
10,000<br />
6,000<br />
2,000<br />
BSE Sensex<br />
the Company approve the transfer and the duly transferred<br />
shares are returned to the shareholders.<br />
The Company obtains a certificate from a practicing company<br />
secretary on half-yearly basis to the effect that all the transfers<br />
are completed in the statutorily stipulated period. In<br />
compliance with clause 47(c) of the listing agreements, a copy<br />
of the certificates so received is submitted to both stock<br />
exchanges, where the shares of the Company are listed.
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