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    Postal Ballot Results seeking approval of Shareholders for re-appointment of Mr. Sunil Bharti Mittal, Chairman & Managing Director, Mr. Rajan Bharti Mittal, Joint Managing Director and Mr. Akhil Gupta, Joint Managing Director w.e.f. October 1, 2006,

    Bharti Airtel Limited

    Registered Office : ‘Qutab Ambience’ H 5/12, Mehrauli Road, New Delhi – 110 030

     

    Pursuant to the provisions of Section 192A of the Companies Act, 1956 read with Companies (Passing of Resolution by Postal Ballot) Rules, 2001, the consent of equity shareholders of the Company was sought by Postal Ballot by way of ordinary resolutions for re-appointment of Mr. Sunil Bharti Mittal, Managing Director, Mr. Akhil Gupta and Mr. Rajan Bharti Mittal, Joint Managing Directors w.e.f. October 1, 2006 as specified in the Notice of Postal Ballot dated 3rd October, 2006 read with the Explanatory Statement attached thereto. The last date for receipt of the postal ballot forms duly completed from the Shareholders was November 20, 2006.

     

    Mr. S. K. Jain, Chartered Accountants, New Delhi who was appointed as Scrutinizer for the Postal Ballot, has submitted the following Postal Ballot Results which were announced on November 23, 2006 at 03.30 p.m. at the registered office of the company by Mr. Akhil Gupta, Joint Managing Director of the Company, who was duly authorised by the Chairman & Managing Director for this purpose:

     

    Description

    Ordinary resolution for Re-appointment of Mr. Sunil Bharti Mittal as Managing Director of the Company

    Ordinary resolution for Re-appointment of Mr. Rajan Bharti Mittal as Joint Managing Director of the Company

    Ordinary resolution for Re-appointment of Mr. Akhil Gupta as Joint Managing Director of the Company

    Number of valid votes polled (%age)

    1397435967
    (100%)

    1397435967
    (100%)

    1397435967
    (100%)

    Votes cast in favour of the resolution (%age)

    1397433335
    (99.9998% approx.)

    1397433335
    (99.9998% approx.)

    1396906466
    (99.9621% approx.)

    Votes cast against the resolution (%age)

    2632
    (0.0002% approx.)

    2632
    (0.0002% approx.)

    529501
    (0.0379% approx.)

     

    The Votes cast “FOR” the resolutions are above 99% of the total polled and consequently the resolutions as mentioned in the notice of the postal ballot dated 03rd October, 2006 for approval of for re-appointment of Mr. Sunil Bharti Mittal, Managing Director, Mr. Akhil Gupta and Mr. Rajan Bharti Mittal, Joint Managing Directors w.e.f. October 1, 2006 are passed.

     

     

    For Bharti Airtel Limited

     

    Sd/-

    Date: November 23, 2006

    Vijaya Sampath

    Place : New Delhi

    General Counsel & Company Secretary