Summary of Vodafone Idea Limited Corporate Announcement (July 8, 2025)

Key Details:

• Document: Certificate under Regulation 74(5) of SEBI (Depositories & Participants) Regulations, 2018 for quarter ended June 30, 2025
• Filing submitted by: Pankaj Kapdeo, Company Secretary of Vodafone Idea Limited
• Document digitally signed on: July 8, 2025 at 14:31:52 +05'30'

Certificate from Registrar and Share Transfer Agent:

• Issued by: Bigshare Services Pvt. Ltd. (the company's Registrar and Share Transfer Agent)
• Certificate date: July 7, 2025
• Certificate reference: BSS/Reg 74(5)/2025

Key Statistics:

• Dematerialization activity (April 1, 2025 to June 30, 2025):

  • NSDL: Nil shares dematerialized
  • CDSL: Nil shares dematerialized
  • Total: Nil shares dematerialized

• Rematerialization activity (April 1, 2025 to June 30, 2025):

  • NSDL: Nil shares rematerialized
  • CDSL: Nil shares rematerialized
  • Total: Nil shares rematerialized

• Total shares in Demat form as of June 30, 2025: 1,08,34,30,17,921 shares

• Percentage of total paid-up equity share capital in Demat form: Over 99.9999%

Summary of Vodafone Idea Limited's Corporate Announcement

Key Disclosure: "Vi set to launch 5G in 23 more cities"

Expansion Details:

• Vi is expanding its 5G network to 23 additional cities including Ahmedabad, Agra, Aurangabad, Kozhikode, Cochin, Dehradun, Indore, Jaipur, Kolkata, Lucknow, Madurai, Malappuram, Meerut, Nagpur, Nashik, Pune, Rajkot, Sonepat, Surat, Siliguri, Trivandrum, Vadodara, and Vizag
• This expansion follows recent 5G launches in Mumbai, Delhi-NCR, Bengaluru, Chandigarh and Patna
• The rollout is part of Vi's strategy covering 17 priority circles where it has acquired 5G spectrum
• Implementation will be executed in a phased manner

User Adoption & Offers:

• Over 70% of eligible users in areas with Vi 5G have already experienced the service
• Introductory offer includes unlimited 5G data on plans starting from ₹299

Technology Partnerships:

• Deploying AI-powered Self-Organising Networks (SON)
• Partnered with Nokia, Ericsson and Samsung for seamless integration of 4G and 5G infrastructure

Network Enhancements:

• Launched campaign "1 lakh new towers in six months"
• Deployed 4G on 900 MHz band across approximately 65,000 sites
• Added over 56,000 sites on 1800 MHz/2100 MHz/TDD bands
• Achieved 35% boost in 4G data capacity and 26% increase in 4G speeds
• 4G population coverage increased from 77% in March 2024 to 84%, adding 88 million people

Company Background:

• Joint venture between Aditya Birla Group and Vodafone Group
• Holds mid-band 5G spectrum in 17 circles and mmWave spectrum in 16 circles
• Listed on NSE and BSE in India

I'll summarize the corporate announcement from Vodafone Idea Limited:

Vodafone Idea Limited - Amendment to Articles of Association

Key Points: • Date of Announcement: 28 June 2025 • Event: The Members of the Company approved amendments to the Articles of Association (AOA) at the Extra-Ordinary General Meeting held on 27 June 2025 • Background: This follows an earlier intimation dated 2 May 2025 regarding amendments to the Shareholders' Agreement dated 20 March 2017 between Vodafone Group Companies and Aditya Birla Group Companies

Key Amendments to the Articles of Association: • Modification of "Qualifying Threshold" from 13% to 10% • For threshold calculation purposes, equity shares issued to the Government of India will be disregarded • Consequential amendments to the definitions of "Share Capital" and "Shareholding" • Changes to provisions relating to equalisation of shareholding between the Promoter Groups • Amendments to provisions related to creation of security over Company shares held by Promoter Groups • Deletion of redundant clauses and corresponding amendments to clauses that referenced the deleted sections

Additional Information: • The amended AOA is available on the company's website (www.myvi.in) • The disclosure was made under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 • The announcement was signed by Pankaj Kapdeo, Company Secretary

Summary of Vodafone Idea Limited's Extra-ordinary General Meeting (EGM) Held on June 27, 2025

Key Details:

• The EGM was held on Friday, June 27, 2025, at 4:30 p.m. (IST) through Video Conference/Other Audio-Visual Means
• Total number of shareholders on Record Date: 62,05,517
• 145 shareholders attended the meeting through Video Conferencing (15 from Promoter Group, 130 from Public)
• Mr. Umesh Ved, Practicing Company Secretary, was appointed as Scrutinizer

Voting Results:

Resolution 1: Amendment to the Articles of Association (Special Resolution)

• Status: Passed with 99.99% votes in favor
• Total votes polled: 90,06,00,15,902 (83.12% of total shares)
• Votes in favor: 90,05,67,71,741 (99.99%)
• Votes against: 32,44,161 (0.01%)
• Promoter Group voted 100% in favor (27,70,27,78,543 votes)

Resolution 2: Issuance of securities up to Rs. 20,000 Crore (Special Resolution)

• Status: Passed with 99.58% votes in favor
• Total votes polled: 90,06,00,68,843 (83.12% of total shares)
• Votes in favor: 89,67,81,15,605 (99.58%)
• Votes against: 38,19,53,238 (0.42%)
• Promoter Group voted 100% in favor (27,70,27,78,543 votes)

Additional Information:

• The company provided both remote e-voting (June 24-26, 2025) and e-voting facility during the EGM
• Voting results and Scrutinizer's Report were uploaded on the company's website and NSDL's website
• The report was signed by Pankaj Kapdeo, Company Secretary, on June 28, 2025

Summary of Vodafone Idea Limited EGM Proceedings

• Meeting Details: Extra-ordinary General Meeting (EGM) of Vodafone Idea Limited held on Friday, June 27, 2025, at 4:30 p.m. (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)

• Resolutions Discussed:

1. Amendment to the Articles of Association (Special Resolution)
2. Issuance of securities up to an aggregate amount of Rs. 20,000 Crore (Special Resolution)

• Voting Process:

• Remote e-voting period: June 24, 2025 (9:00 a.m.) to June 26, 2025 (5:00 p.m.)
• Venue e-voting available for 15 minutes after EGM conclusion

• Meeting Timeline:

• EGM commenced at 4:30 p.m. and concluded at 5:35 p.m.
• Voting results to be communicated separately

• Corporate Information:

• Reference code: IDEA/532822
• Notification date of EGM: May 30, 2025
• Meeting conducted in compliance with MCA and SEBI circulars

Summary of Corporate Announcement from Grasim Industries Limited

• Date: April 8, 2025

• Subject: Disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

• Key Points:

  • Grasim Industries Limited is confirming, as one of the promoters of Vodafone Idea Limited, that it has not made any encumbrances (directly or indirectly) other than those already disclosed during the financial year ended March 31, 2025

  • This declaration is being made on behalf of all Promoters/Members of the Promoter Group/Persons Acting in Concert (PAC) with Grasim Industries

  • The declaration complies with the regulatory requirement that promoters of target companies must annually declare any encumbrances

• List of Promoters/Members of Promoter Group/PACs included in the declaration:

  1. Shri Kumar Mangalam Birla
  2. Grasim Industries Limited
  3. Hindalco Industries Limited
  4. Birla Group Holdings Private Limited
  5. Pilani Investment and Industries Corporation Limited
  6. Elaine Investments Pte Limited
  7. Oriana Investments Pte Limited
  8. IGH Holdings Private Limited

• The letter is signed by Sailesh Kumar Daga, Company Secretary and Compliance Officer (FCS-4164) of Grasim Industries Limited

Summary of Vodafone Idea Limited Corporate Announcement

Key Details:

• Date: April 8, 2025
• Type of Filing: Declaration under Regulation 31(4) of SEBI Takeover Code
• Filing Entities: Vodafone Promoter Shareholders comprising:
  • Al-Amin Investments Limited
  • Asian Telecommunication Investments (Mauritius) Limited
  • CCII (Mauritius), Inc.
  • Euro Pacific Securities Ltd
  • Mobilvest
  • Prime Metals Ltd
  • Trans Crystal Ltd
  • Vodafone Telecommunications (India) Limited
  • Omega Telecom Holdings Private Limited
  • Usha Martin Telematics Limited

Key Content:

• The Vodafone Promoter Shareholders (along with persons acting in concert) declare they have not made any encumbrances, directly or indirectly, on shares of Vodafone Idea Limited during the financial year ended March 31, 2025.
• The declaration is made in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended.

Signatories:

• For Indian entities (Omega Telecom Holdings Private Limited and Usha Martin Telematics Limited): Ashraf Ali (Authorized Signatory), from Pune
• For all other Mauritius-based entities: Gerhardus Adriaan Van Niekerk (Director)

Summary of Vodafone Idea's Corporate Announcement - June 24, 2025

• Vodafone Idea Limited (Symbol - IDEA, Scrip code - 532822) issued a clarification regarding a news article that appeared in mainstream media on June 24, 2025.

• The news article titled "Vodafone Idea shares jump over 7% on reports of Govt. considering relief on Rs.84,000 crore dues" led to material price movement in the company's stock on the same day.

• The company explicitly stated that it has not received any communication from the Government regarding the reported matter of potential relief on Rs. 84,000 crore dues.

• Vodafone Idea has committed to make appropriate disclosures if and when there are any developments requiring disclosure on this matter.

• The clarification was signed by Pankaj Kapdeo, Company Secretary of Vodafone Idea Limited, and digitally signed on June 24, 2025, at 16:40:42 +05'30'.

• The document was addressed to both the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 30(11) of SEBI Listing Regulations.

Summary: Vi and AST SpaceMobile Partnership for Satellite Connectivity (June 18, 2025)

Key Details:

• Vodafone Idea Limited (Vi) and AST SpaceMobile announced a strategic partnership to expand mobile connectivity across India's unconnected regions
• Partnership aims to bring Direct-to-Device satellite broadband connectivity to India, supporting Digital India's vision of universal mobile access

Technology & Implementation:

• AST SpaceMobile's technology connects directly to everyday smartphones without specialized software, device support, or updates
• AST SpaceMobile recently made history by placing the first-ever voice and video call from space using a standard mobile phone
• The space-based cellular broadband ecosystem will expand Vi's terrestrial connectivity services
• AST SpaceMobile will develop, manufacture, and manage the satellite constellation
• Vi will oversee terrestrial network integration, operating spectrum, and market access

Market Context:

• India has over 1.1 billion mobile subscribers with widespread 4G and emerging 5G coverage
• Satellite communication will complement terrestrial connectivity, especially in challenging terrains
• Partnership will focus on developing commercial offerings for consumer, enterprise, and IoT sectors

Applications:

• Will support emergency response, disaster management, agriculture, remote learning, and other applications requiring ubiquitous mobile broadband
• Positions India at the forefront of global space tech innovation

I'll summarize the key insights from this corporate announcement:

Vodafone Idea Limited - Disclosure of Order under CENVAT Credit Rules (June 17, 2025)

• Authority: Deputy Commissioner, Central GST - Ahmedabad has passed an order against Vodafone Idea Limited

• Nature of Order:

  • Order passed under Rule 14(1)(ii) of CENVAT Credit Rules, 2004 read with proviso to Section 73(1) of the Finance Act, 1994
  • Confirms penalty of Rs. 46,23,793/- along with additional demand and applicable interest

• Date of Receipt: June 16, 2025

• Alleged Violation: Denial of CENVAT credit on capital goods

• Financial Impact: Maximum impact would be the total of tax demand, interest, and the specified penalty

• Company's Response: Vodafone Idea Limited does not agree with the order and plans to take appropriate legal action against it

• Compliance: This disclosure is made pursuant to Regulation 30 read with Clause 20 of Para A of Part A of Schedule III of SEBI Listing Regulations, 2015, in accordance with SEBI Master Circular no. SEBI/HO/CFD/CFD/PoD2/CIR/P/0155 dated November 11, 2024

Summary of Vodafone Idea Limited's Corporate Announcement

Key Insights:

• Launch Date: Vodafone Idea (Vi) is launching 5G services in Bengaluru starting June 11, 2025

• Expansion Strategy:

  • Part of strategic rollout in all 17 priority circles where Vi has acquired 5G spectrum
  • Complete rollout in these 17 circles expected by August 2025
  • Follows recent launches in Mumbai, Delhi-NCR, Patna, and Chandigarh

• Pricing & Offer:

  • Introductory offer of unlimited 5G data on plans starting from ₹299

• Technology Implementation:

  • Partnership with Samsung to deploy advanced, energy-efficient infrastructure
  • Implementation of AI-powered Self-Organizing Networks (SON) for automatic network optimization
  • Integration of high transmit power, multi-technology supported radios

• 4G Network Upgrades in Karnataka:

  • Deployed 900 MHz spectrum on nearly 3,000 sites to strengthen indoor coverage
  • Doubled 2100 MHz spectrum capacity across 1,800 sites
  • Added 2100 MHz spectrum to 1,000 additional locations
  • Bolstered 1800 MHz capacity across more than 4,100 sites
  • These upgrades have led to a 46% capacity increase since March 2024

• Spectrum Holdings:

  • Mid-band 5G spectrum in 17 circles
  • mmWave spectrum in 16 circles

• Announcement made by: Anand Dani, Business Head – Karnataka, Vodafone Idea

• Regulatory Filing: Disclosure under Regulation 30 of SEBI Listing Regulations

I'll provide a concise summary of the Vodafone Idea Limited EGM Notice dated June 4, 2025:

Key Insights from Vodafone Idea Limited's EGM Notice

General Information:

• The Extraordinary General Meeting (EGM) will be held on Friday, June 27, 2025, at 4:30 PM through Video Conferencing/Other Audio-Visual Means
• E-voting period: June 24, 2025 (9:00 AM) to June 26, 2025 (5:00 PM)
• Cut-off date for voting eligibility: June 20, 2025

Special Resolutions to be Considered:

1. Amendment to Articles of Association:

   • Proposed to modify the "Qualifying Threshold" from 13% to 10% of share capital
   • The amendment is necessitated due to Government of India's increased shareholding (48.99%) after conversion of spectrum auction dues into equity
   • Post-conversion shareholding: Government (48.99%), Aditya Birla Group (9.50%), Vodafone Group (16.07%)
   • The amendments will allow both Promoter Groups to retain Governance and Management Rights despite dilution
   • Several clauses related to the Dynamo Agreement and Step Down Options are proposed to be deleted

2. Issuance of Securities up to ₹20,000 Crore:

   • Authorization to raise up to ₹20,000 crore through various securities including equity shares, convertible/non-convertible debentures, warrants, GDRs, ADRs, FCCBs, or a combination
   • Funds can be raised through private placement, QIP, FPO, or other permissible modes
   • Proceeds to be used for servicing/repayment of existing debts, repayment of DoT dues including spectrum installments, capital expenditure, spectrum acquisition, vendor payments, and working capital requirements
   • Securities can be offered to both Indian and foreign investors, including QIBs, through various mechanisms with pricing in accordance with SEBI regulations

Background Information:

• DoT order dated March 29, 2025, resulted in conversion of ₹36,950 crore outstanding spectrum auction dues into equity shares at ₹10 per share
• The Shareholders' Agreement between Vodafone Group and Aditya Birla Group was amended on May 2, 2025, to reflect these changes

Summary of Vodafone Idea Limited Corporate Announcement

• Vodafone Idea Limited has disclosed its Audited Financial Results (Standalone and Consolidated) for Q4 and full financial year ended March 31, 2025.

• The company published newspaper advertisements of these results in:

• Western Times (Gujarati, Ahmedabad edition) on June 1, 2025
• Business Standard (English, All India edition) on June 2, 2025

• Key Consolidated Financial Results:

• Revenue from Operations: ₹110,135 million for Q4 and ₹435,713 million for FY 2025
• Loss after Tax: ₹71,661 million for Q4 and ₹273,834 million for FY 2025
• Basic/Diluted EPS: ₹(1.01) for Q4 and ₹(4.01) for FY 2025
• Paid-up Equity Share Capital: ₹713,930 million (face value ₹10 per share)
• Reserves excluding Revaluation Reserve: ₹(1,417,132) million

• Key Standalone Financial Results:

• Revenue from Operations: ₹108,795 million for Q4 and ₹431,573 million for FY 2025
• Loss after Tax: ₹72,687 million for Q4 and ₹274,421 million for FY 2025

• The results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on May 30, 2025.

• The document was digitally signed by Pankaj Kapdeo, Company Secretary, on June 2, 2025.

Summary of Vodafone Idea Limited's Corporate Announcement (May 30, 2025)

• The Board of Directors of Vodafone Idea Limited has approved the re-appointment of Mr. Anjani Kumar Agrawal (DIN: 08579812) as an Independent Director for a second term.

• The re-appointment is for a period of 5 years, effective from August 27, 2025, to August 26, 2030.

• The decision was based on the recommendation of the Nomination and Remuneration Committee and is subject to shareholders' approval at the upcoming Annual General Meeting.

• Mr. Agrawal is not debarred from holding the office of Director by any SEBI order or any other authority.

• Mr. Agrawal's professional background includes:

• Chartered Accountant and Certified Internal Auditor (Institute of Internal Auditors, USA)
• Over 40 years of professional experience, including 26 years as a partner at EY
• Experience in audit, transactions, valuations, and establishing EY's Advisory practice in India
• Worked with the Central Government and NITI Aayog on policy making and strategy

• He has been involved with social entrepreneurship development and impact investing in India, and serves on advisory panels of NGOs focused on tribal/rural development, women empowerment, child education, and culture.

• The Board Meeting was held on May 30, 2025, commencing at 7:45 P.M. and concluding at 10:30 P.M.

Vodafone Idea Limited - Q4 & FY25 Performance Summary

Key Financial Highlights:

• Q4FY25 Revenue: Rs. 110.1 billion, up 3.8% YoY
• Q4FY25 EBITDA: Rs. 46.6 billion with 42.3% margin
• Cash EBITDA (excluding Ind AS 116): Rs. 23.2 billion, up 6.5% YoY
• Annual Revenue FY25: Rs. 435.7 billion, up 2.2% YoY
• Annual Cash EBITDA FY25: Rs. 92 billion, up 9.5% YoY
• Q4FY25 Capex: Rs. 42.3 billion (highest quarterly capex since merger)
• FY25 Total Capex: Rs. 95.7 billion
• Cash & Bank Balance as of March 31, 2025: Rs. 99.3 billion
• Bank Debt Reduced: From Rs. 40.4 billion (Mar'24) to Rs. 23.3 billion (Mar'25)

Operational Metrics:

• Subscriber Base: 198.2 million (down from 212.6 million in Q4FY24)
• 4G/5G Subscribers: 126.4 million (64% of total subscribers)
• ARPU: Rs. 164 (up from Rs. 146 in Q4FY24)
• Customer ARPU (excluding M2M): Rs. 175 (up 14.2% YoY)
• 4G Population Coverage: Expanded to ~83% (up from ~77% in March 2024)
• 4G Data Capacity: Expanded by ~31% YoY, with ~28% improvement in 4G speeds
• Network Expansion: Added over 6,900 unique 4G towers in Q4FY25
• Broadband Sites: 494,596 (3G+4G+5G) as of March 31, 2025
• Average Data Usage per 4G/5G User: 16,262 MB in Q4FY25

Strategic Developments:

• 5G Services Launch: Available in Mumbai, Delhi, Chandigarh, and Patna; expansion to key cities in 17 circles planned by August 2025
• Equity Issuance: Raised ~Rs. 614 billion in FY25, including:
  • Rs. 180 billion via FPO
  • Rs. 40 billion from promoters (Aditya Birla Group and Vodafone Group)
  • Rs. 25 billion from vendors (Nokia and Ericsson)
  • Rs. 369.5 billion to Government of India (spectrum auction dues converted to equity)
• Shareholding Structure: Government of India (49%), Promoters (25.6% - comprising Vodafone Group 16.07% and Aditya Birla Group 9.50%)
• Credit Rating Upgrade: ICRA assigned [ICRA] BBB- (Stable) rating; CARE Ratings upgraded to CARE BBB- (Stable) for long-term and CARE A3 for short-term

Product & Service Innovations:

• New Postpaid Plans: Launched Vi Max Limitless Postpaid Data Plans in 9 markets
• Enhanced International Roaming Packs: Double data, free incoming calls, and baggage protection service
• New Prepaid Plans: Super Hero Plan (unlimited data midnight to noon) and Non-Stop Hero Plan (unlimited data 24x7)
• Retail Expansion: Added over 100 new flagship stores, bringing total to over 500 nationwide
• Digital Services: Continued development of Vi Movies & TV, Vi Games, Vi Ads, Vi Shop, and utility bill payment services

Enterprise Business:

• MSME Focus: MoU with West Bengal State Export Promotion Society for digital transformation of MSMEs
• New Partnership: Collaboration with Hewlett Packard Enterprise for next-generation managed services
• Recognition: Named 'Digital Transformation Enabler' by CIO Choice; "ReadyForNext" program recognized as 'Digital Initiative of the Year - India'

I'll create a comprehensive summary of this corporate announcement:

Vodafone Idea Limited - Fund Raising Board Meeting Outcome (May 30, 2025)

• The Board of Directors of Vodafone Idea Limited approved fund raising of up to Rs. 20,000 crores in one or more tranches.

• Fund raising methods may include further public offer, private placement (including qualified institutions placement), or other permissible modes.

• The company may issue various securities including equity shares, convertible securities, Global/American Depository Receipts, bonds, debentures, warrants, or a combination of these instruments.

• The Capital Raising Committee has been authorized to evaluate and decide the potential route of fund raising and handle all related matters.

• The company's deferred extraordinary general meeting (originally scheduled for June 3, 2025) has been rescheduled to Friday, June 27, 2025, to approve the fund raising and amendments to Articles of Association (as communicated on May 2, 2025).

• All fund raising plans are subject to shareholders' approval and other requisite regulatory/statutory approvals.

• The Board meeting commenced at 7:45 P.M. and concluded at 10:30 P.M. on May 30, 2025.

Give me a comprehensive summary of this corporate announcement.

I'll provide a comprehensive summary of Vodafone Idea Limited's corporate announcement for Q4 and FY 2025:

Vodafone Idea Limited - Q4 & FY 2025 Financial Results Summary

Key Financial Highlights:

• Q4 FY2025 Performance:

  • Revenue: Rs. 110.1 billion (3.8% YoY growth)
  • Cash EBITDA (pre-Ind AS 116): Rs. 23.2 billion (6.5% YoY growth)
  • Customer ARPU (ex M2M): Rs. 175 (14.2% YoY growth from Rs. 153)
  • Reported EBITDA: Rs. 46.6 billion with 42.3% EBITDA margin
  • Net loss: Rs. 71.7 billion (improved from Rs. 76.7 billion in Q4FY24)
  • Highest quarterly capex since merger: Rs. 42.3 billion

• FY2025 Performance:

  • Annual revenue: Rs. 435.7 billion (2.2% YoY growth)
  • Annual Cash EBITDA (pre-IndAS116): Rs. 92 billion (9.5% YoY growth)
  • Annual capex: Rs. 95.7 billion
  • Net loss: Rs. 273.8 billion (improved from Rs. 312.4 billion in FY24)

Operational Developments:

• Network Expansion:

  • 4G population coverage increased to ~83% (from ~77% in Mar'24)
  • 4G data capacity increased by ~31% YoY
  • 4G speeds improved by ~28% YoY
  • Added 6,900+ unique 4G towers in Q4
  • Deployed ~18,400 sites in 900 MHz band across 16 circles
  • Added ~14,500 sites in 1800 MHz and 2100 MHz bands
  • Total broadband site count: ~494,600
  • Deployed ~13,700 Massive MIMO sites and ~14,900 small cells

• 5G Services Launch:

  • 5G services now available in Mumbai, Delhi, Chandigarh, and Patna
  • Plans to expand to key cities in 17 circles with 5G spectrum by August 2025

• Subscriber Base:

  • Total subscriber base: 198.2 million
  • Net loss: 1.6 million (improved from 5.2 million in Q3FY25)
  • 4G subscriber base: 126.4 million

• Retail Expansion:

  • Added 100+ new flagship stores in the past six months
  • Total of 500+ company-operated flagship stores nationwide
  • Overall retail footprint includes 2,500+ Vi and Mini stores across 600+ cities

Financial Restructuring:

• Equity Raises (Total ~Rs. 614 billion in FY25):

  • Further Public Offer (FPO): Rs. 180 billion
  • Preferential issue to promoters: ~Rs. 40 billion
    • Aditya Birla Group: Rs. 21 billion
    • Vodafone Group: Rs. 19.1 billion (1.7 billion shares at Rs. 11.28 per share)
  • Vendor financing: ~Rs. 25 billion (Nokia and Ericsson)
  • Government of India equity conversion: Rs. 369.5 billion (36.95 billion shares at Rs. 10 each)

• Debt Position:

  • Bank debt reduced to Rs. 23.3 billion (from Rs. 40.4 billion in Mar'24)
  • Cash and bank balance: Rs. 99.3 billion as of March 31, 2025

• Shareholding Structure (Post April 8, 2025):

  • Government of India: 49.0% (increased from 22.6%)
  • Promoters: 25.6% (with continued operational control)

• Credit Rating Upgrade:

  • ICRA: BBB- (Stable) for long-term loans
  • CARE Ratings: BBB- (Stable) for long-term and A3 for short-term ratings

Strategic Initiatives:

• New Service Offerings:

  • Launched Vi Max Limitless Postpaid Data Plans in 9 markets
  • Enhanced International Roaming packs with double data and free incoming calls
  • Partnership with Blue Ribbon Bags for baggage protection
  • Super Hero Plan and Non-Stop Hero Plan for prepaid users

• Business Segment:

  • MoU with West Bengal State Export Promotion Society for MSME digital transformation
  • Partnership with Hewlett Packard Enterprise for managed services
  • Conducted 14th edition of Vi TeeWalk with 250+ CXOs
  • Received recognitions including 'Digital Transformation Enabler' by CIO Choice

AGR and Spectrum Matters:

• Filed a Writ Petition on May 13, 2025, seeking relief on AGR matter, which was dismissed on May 19, 2025
• Company believes dismissal doesn't preclude further engagement with government before next installment date
• AGR installment due in FY 2026: Rs. 164,280 million (subject to ongoing government engagement)
• Spectrum installment due in FY 2026: Rs. 25,385 million

Future Outlook:

• Plans to increase 4G population coverage to ~90%
• Engaging with lenders to secure debt financing for capex plans of Rs. 500-550 billion
• Focus on customer experience enhancement and digital service expansion

Thanks for sharing the corporate announcement. Here's a comprehensive summary of the key insights:

Vodafone Idea Limited - Supreme Court AGR Matter Update (May 19, 2025)

• The Hon'ble Supreme Court has refused to admit the Writ Petition filed by Vodafone Idea Limited seeking relief in the AGR (Adjusted Gross Revenue) Matter.

• This disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

• The announcement is also a clarification in response to a news item, as requested by the National Stock Exchange of India Limited and BSE Limited on the same date (May 19, 2025).

• The communication was signed by Pankaj Kapdeo, Company Secretary of Vodafone Idea Limited, at 20:59:16 IST on May 19, 2025.

• Vodafone Idea Limited is described as "An Aditya Birla Group & Vodafone partnership" in the corporate letterhead.

• The company's CIN is L32100GJ1996PLC030976, with registered offices in Gujarat and operational offices in Mumbai.

Summary of Vodafone Idea Limited's Corporate Announcement (May 16, 2025)

• Vodafone Idea Limited has acquired a 26% stake in Sangli Wind Energy Private Limited (SWEPL) on May 16, 2025.

• The acquisition cost is Rs. 31,20,000 for 3,12,000 equity shares with a face value of Rs. 10 each.

• SWEPL has become an associate company of Vodafone Idea Limited following this acquisition.

• SWEPL is a special purpose vehicle (SPV) created for owning and operating a Captive Power Plant in Sangli, Maharashtra.

• Key details about SWEPL:

• Incorporated on August 28, 2024
• Authorized Share Capital: Rs. 1,20,00,000 (12,00,000 equity shares of Rs. 10 each)
• Paid-up Share Capital: Rs. 88,80,000 (8,88,000 equity shares of Rs. 10 each)
• Current turnover: Nil
• Industry: Renewable energy

• Purpose of acquisition: To comply with regulatory requirements for captive power plants under the Electricity Act, 2003 and Indian Electricity Rules, 2005, and to procure cost-effective renewable energy.

• The acquisition does not fall under related party transactions and required no governmental or regulatory approvals.

Summary of Vodafone Idea 5G Launch Announcement

• Launch Date: Vodafone Idea (Vi) is launching 5G services in Delhi NCR from May 15, 2025

• Expansion Plan:

• Already launched in Mumbai, Chandigarh, and Patna
• Will expand to all 17 priority circles (where 5G spectrum was acquired) by August 2025
• Bengaluru and Mysuru are next in line for rollout

• 5G Offer: Unlimited data for users with 5G-enabled devices on plans starting from ₹299

• Technology Partners: Partnered with Ericsson in Delhi NCR to build 5G infrastructure

• Technical Specifications:

• Using 5G Non-StandAlone (NSA) architecture for smooth 4G to 5G transitions
• Deployed AI-powered Self-Organising Network (SON) technology
• Enhanced energy efficiency with lighter hardware

• Investment: Part of a ₹55,000 crore capex planned over three years

• Current Performance:

• In Mumbai, 70% of eligible users are already experiencing Vi's 5G services
• Approximately 20% of data traffic is already being carried on the 5G network

• Spectrum Holdings: Company holds mid-band 5G spectrum in 17 circles and mmWave spectrum in 16 circles

• More Information: Available at www.myvi.in/5g network

Vodafone Idea Limited - Deferment of Extra-Ordinary General Meeting

• Announcement Date: May 12, 2025

• Company: Vodafone Idea Limited (IDEA/532822)

• Original Plan: An Extra-ordinary General Meeting was scheduled for Tuesday, June 3, 2025, as previously communicated to the exchanges on May 2, 2025.

• Purpose of Meeting: To seek shareholder approval for amending the Articles of Association of the Company.

• Current Status: The Board has decided to defer the Extra-ordinary General Meeting to a later date due to "administrative reasons."

• Next Steps: The revised schedule for the Extra-ordinary General Meeting will be communicated to the exchanges once decided by the Board.

• Signatory: Pankaj Kapdeo, Company Secretary (digitally signed on May 12, 2025, at 12:06:18 +05'30')

• Corporate Details: Vodafone Idea is described as "An Aditya Birla Group & Vodafone partnership" with headquarters at Birla Centurion, Mumbai and registered office in Gandhinagar, Gujarat.

Summary of Corporate Announcement – Vodafone Idea Limited (28 April 2025)

Key Insights:

• 5G Expansion Announcement:

  • Vodafone Idea (Vi) is launching 5G services in Chandigarh and Patna starting April 28, 2025.
  • This follows Vi's successful 5G rollout in Mumbai in March 2025, where:
    • Over 70% of eligible users are using Vi 5G.
    • 5G contributes to 20% of total network data traffic.

• Future Rollout Plans:

  • 5G services will expand to Delhi and Bangalore in May 2025.
  • Vi has also enabled 5G services in 11 major cricket stadiums during the ongoing T20 League.

• Introductory Offer:

  • Unlimited 5G data available on plans starting from ₹299.
  • 5G benefits include streaming, gaming, video conferencing, fast downloads, and real-time cloud access.

• Technology and Partnerships:

  • Vi has partnered with Samsung for network deployment in Chandigarh and Patna.
  • Implemented energy-efficient infrastructure and vRAN technology to enhance network flexibility and performance.
  • Deployed an AI-based Self-Organizing Network (SON) system to optimize network performance.

• Strategic Goals:

  • Aligning 5G rollout with increasing 5G handset penetration and demand.
  • Aiming to transform India’s digital landscape by empowering consumers and businesses with next-gen connectivity.

• Company Overview:

  • Vodafone Idea holds a large spectrum portfolio:
    • Mid-band 5G spectrum in 17 circles.
    • mmWave spectrum in 16 circles.
  • Committed to building infrastructure for Digital India and providing innovative services.

• Additional Information:

  • Details on pricing, availability, and supported devices can be accessed at www.myvi.in/5g-network.

This announcement underscores Vodafone Idea's commitment to expanding its 5G network and enhancing customer experiences across India.

Summary of Corporate Announcement by Vodafone Idea Limited (21 April 2025):

• Subject of Announcement: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Revision in Credit Rating (Upgrade).

• Credit Rating Agency: CARE Ratings Limited (CARE).

• Revised Credit Ratings:

  • Long-Term Bank Facilities: Upgraded from CARE BB+ (Outlook: Stable) to CARE BBB- (Outlook: Stable).
  • Short-Term Bank Facilities: Upgraded from CARE A4+ to CARE A3.

• Date of Rating Upgrade: 21 April 2025.

• Reason for Disclosure: Compliance with SEBI Listing Regulations for informing stakeholders about material developments.

• Additional Information:

  • The rating rationale will be made available on CARE’s website in due course.
  • Announcement signed by Pankaj Kapdeo, Company Secretary of Vodafone Idea Limited.

• Company Details:

  • Vodafone Idea Limited is a partnership between the Aditya Birla Group and Vodafone.
  • Corporate Office: Birla Centurion, Worli, Mumbai.
  • Registered Office: Suman Tower, Gandhinagar, Gujarat.
  • CIN: L32100GJ1996PLCO30976.

This announcement highlights a positive development for Vodafone Idea Limited, reflecting an improvement in its creditworthiness.

Summary of Corporate Announcement:

• Target Company (TC): Vodafone Idea Limited.

• Acquirer: The President of India, represented by the Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, Government of India.

• Stock Exchanges where TC is listed: National Stock Exchange of India Limited (NSE) and Bombay Stock Exchange Limited (BSE).

• Details of the Transaction:

  • Shares were issued to the President of India (via DIPAM) by Vodafone Idea Limited.
  • The transaction was executed under an order issued by the Department of Telecommunications, Ministry of Communications, Government of India, dated March 29, 2025.
  • The issuance was carried out under sub-section (4) of Section 62 of the Companies Act, 2013.

• Exemption from Open Offer:

  • The acquirer is exempted from making an open offer as per the Securities and Exchange Board of India (SEBI) order (Order No. WTM/AB/CFD/01/2025-26) dated April 3, 2025.
  • The exemption is granted under Section 11(1) and Section 11(2)(h) of the SEBI Act, 1992, read with Regulation 11(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

• Disclosure under Regulation 10(5):

  • Disclosure of the proposed acquisition under Regulation 10(5) was not required.

• Pre- and Post-Transaction Shareholding:

  • Pre-Transaction Shareholding of Acquirer: 16,13,31,84,899 shares (22.60% of total share capital of Vodafone Idea Limited).
  • Post-Transaction Shareholding of Acquirer: 53,08,31,84,899 shares (48.99% of total share capital of Vodafone Idea Limited).

• Date of Disclosure Filing: April 17, 2025.

• Place of Filing: New Delhi.

• Key Notes:

  • The disclosure document is signed by the authorized signatory on behalf of the acquirer.
  • Specific details related to the price of shares or individual sellers/transferors are marked as not applicable.

Summary of Corporate Announcement by Vodafone Idea Limited (11 April 2025):

• Subject: Disclosure under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015 – Credit Rating Intimation.
• Company: Vodafone Idea Limited (IDEA/532822).
• Credit Rating Update:
  • Credit Rating Agency: ICRA Limited.
  • Rating Assigned: [ICRA] BBB- (Stable) for Long-Term Fund-Based Facilities (Term Loans).
  • Rating Action: Assigned.
• Date of Rating Letter: 11 April 2025.
• Purpose: Disclosure for information and dissemination to stakeholders as required under SEBI LODR Regulations.

This announcement was signed by Pankaj Kapdeo, Company Secretary of Vodafone Idea Limited.

• Event: Vodafone Idea Limited has allotted equity shares to the Government of India as per a directive under Section 62(4) of the Companies Act, 2013.

• Reason for Allotment: Conversion of outstanding spectrum auction dues, including deferred dues repayable after the moratorium period, into equity shares.

• Equity Shares Details:

  • Total shares issued: 36,95,00,00,000 (36.95 billion equity shares).
  • Face value per share: Rs. 10/-.
  • Issue price per share: Rs. 10/-.
  • Total value of shares allotted: Rs. 3,69,50,00,00,000/- (Rs. 369.5 billion).

• Government of India's Shareholding: Post-allotment, the Government of India holds a 48.99% stake in Vodafone Idea Limited's expanded paid-up capital.

• Revised Paid-Up Equity Share Capital:

  • New total paid-up equity share capital: Rs. 10,83,43,03,50,010/- (Rs. 1.083 trillion).
  • Number of equity shares in the expanded capital base: 1,08,34,30,35,001 (108.34 billion shares).

• Board Committee Meeting:

  • Committee: Capital Raising Committee of the Board of Directors.
  • Meeting date: 8 April 2025.
  • Meeting duration: 6:30 p.m. to 6:45 p.m.

• Disclosure Compliance: The announcement is made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

• Signatory: The announcement was signed by Pankaj Kapdeo, Company Secretary of Vodafone Idea Limited.

• Company Details: Vodafone Idea Limited is a partnership between Aditya Birla Group and Vodafone, with its registered office in Gandhinagar, Gujarat.

Summary of Corporate Announcement by Vodafone Idea Limited (7 April 2025):

• Subject: Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31 March 2025.

• Entities Involved:

  • Vodafone Idea Limited (Company).
  • Bigshare Services Pvt. Ltd. (Registrar and Share Transfer Agent).

• Key Details:

  • Bigshare Services Pvt. Ltd. confirmed compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.
  • Securities received for dematerialisation during the quarter (1 Jan 2025 to 31 Mar 2025) were processed and confirmed to the depositories.
  • Securities received for rematerialisation were mutilated, cancelled, and updated in the member register within 15 days.

• Dematerialisation/Rematerialisation Data:

  • NSDL: No shares dematerialised or rematerialised.
  • CDSL: No shares dematerialised or rematerialised.
  • Total Activity: Nil shares dematerialised or rematerialised during the quarter.

• Company’s Equity Shareholding:

  • Total shares in dematerialised form as of 31 March 2025: 71,39,30,17,921 shares.
  • This represents over 99.9999% of the company's total paid-up equity share capital.

• Submission Date: 7 April 2025.

• Signatories:

  • Pankaj Kapdeo, Company Secretary for Vodafone Idea Limited.
  • Venkata Krishna Mohan Nandam, Authorised Signatory for Bigshare Services Pvt. Ltd.

• Purpose: The announcement provides confirmation of regulatory compliance and details of securities processing for the stated quarter.

Summary of Corporate Announcement by Vodafone Idea Limited (dated 5 April 2025):

• Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding an order passed under the Customs Act, 1962.

• Details of the Order:

  • A penalty of Rs. 61,23,410/- has been imposed on Vodafone Idea Limited.
  • Additionally, a redemption fine of Rs. 20,00,000/- has been demanded under Section 125 of the Customs Act, 1962.

• Company’s Stance:

  • Vodafone Idea Limited disagrees with the order and has announced its intention to take appropriate legal actions against the same.

• Disclosure Compliance:

  • The announcement has been made in accordance with Regulation 30 of SEBI Listing Regulations, 2015, and the details are provided as per SEBI Master Circular dated November 11, 2024.

• Impact on Financials and Operations:

  • The monetary demand totals Rs. 81,23,410/- (penalty + redemption fine).
  • The company has not disclosed any specific operational or financial impact but has stated its disagreement with the order.

• Authority Involved:

  • The order was issued under the Customs Act, 1962, though the specific issuing authority was not explicitly mentioned in the announcement.

• Next Steps:

  • Vodafone Idea Limited will pursue legal remedies to contest the order.

This announcement reflects Vodafone Idea Limited’s position on the imposed penalties and its commitment to addressing the matter through legal channels.

Summary of Corporate Announcement by Vodafone Idea Limited (30 March 2025)

• Subject: Material development under Regulation 30 of SEBI Listing Regulations.

• Key Development:

  • The Ministry of Communications, Government of India, has decided to convert Vodafone Idea Limited's outstanding spectrum auction dues into equity shares.
  • This decision aligns with the September 2021 Telecom Sector Reforms and Support Package.

• Details of Conversion:

  • Total Amount to be Converted: ₹36,950 Crore.
  • Equity Shares to be Issued: 3,695 Crore shares.
  • Face Value per Share: ₹10.
  • Issue Price per Share: ₹10.
  • Pricing is determined based on the higher of:
    • Volume-weighted price of equity shares during the last 90 trading days preceding the Relevant Date.
    • Volume-weighted price during the last 10 trading days preceding the Relevant Date (26 February 2025).
  • Issuance is subject to compliance with Section 53 of the Companies Act, 2013 (shares cannot be issued below par value).

• Impact on Shareholding:

  • Post-conversion, the Government of India’s shareholding in Vodafone Idea will increase from 22.60% to approximately 48.99%.
  • Promoters will retain operational control of the company.

• Timeline:

  • The equity shares must be issued within 30 days of receiving necessary approvals from relevant authorities, including the Securities and Exchange Board of India (SEBI).

• Next Steps:

  • Vodafone Idea will take all requisite actions to complete the issuance upon receiving approvals.

• Communication Date:

  • The company received the order for conversion on 29 March 2025 and disclosed it on 30 March 2025.

This announcement is for public dissemination and compliance with regulatory requirements.