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Bharti Airtel Ltd.

BSE: 532454 Sector: Telecom
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Update On AGR Matter - Payment Of Rs. 10000 Crores In Compliance With HonBle Supreme Court Judgment

February 17, 2020, 2:22 pm | Source: BSE

We wish to submit that in compliance with the Supplementary Order dated October 24 2019 and the Order dated February 14 2020 of the Honble Supreme Court the Company has paid today an amount of Rs. 10000 crores to the Department of Telecommunications [which includes (i) an amount on behalf of Telenor India merged with the Company; and (ii) Rs. 500 crores on behalf of Bharti Hexacom Limited a subsidiary company].

The Company is in a process of completing the self-assessment exercise expeditiously and will make the balance payment upon completion of the same before the next date of hearing in the Honble Supreme Court.

Kindly take the same on record.