What was filed
Pastel Limited, described in the filing as a promoter group entity of Bharti Airtel Limited acting in concert with Viridian Limited, submitted a declaration under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The substance of the declaration is brief: Pastel stated that it has "not made any encumbrance on the shares of Bharti Airtel Limited, directly or indirectly, during the financial year 2025-26." The letter is dated April 08, 2026 and was addressed to both the NSE and BSE, with copies to Bharti Airtel's Audit Committee and Company Secretary.
The context
Regulation 31(4) requires promoters to make an annual declaration on the status of encumbrances over their shareholding. This filing is that periodic confirmation rather than a transaction notice — it records the absence of any new pledge, lien or other encumbrance over the relevant promoter-group holding for the year covered. It carries no figures on shareholding size, transaction value or price, consistent with its nature as a procedural, year-end disclosure.