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VODAFONE IDEA LIMITED — Capital/Financing Update 2025
Oct 23, 2025
61947_rns_2025-10-23_a8e0bfd0-3f5c-470d-b606-2b02ce58f093.pdf
Capital/Financing Update
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23 October 2025
National Stock Exchange of India Limited
“Exchange Plaza”, Bandra - Kurla Complex, Bandra (E), Mumbai – 400 051
BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001
Dear Sirs,
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 (“SEBI Listing Regulations”)
Ref: “Vodafone Idea Limited” (IDEA/532822)
This is further to our intimation dated 12 August 2025, regarding proposed acquisition of 26% in Aditya Birla Renewables SPV 3 Limited (“ABRen SPV 3”) in one or more tranches by the Company for which Shareholder’s Agreement & Power Purchase Agreement was executed.
We wish to inform you that out of total proposed investment of Rs.1.56 Crore, the Company has invested Rs. 26,000/- as a first tranche in the equity share capital of ABRen SPV 3.
The disclosure as required under Regulation 30 of the SEBI Listing Regulations, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 are given in Annexure A.
Kindly take the same on record.
Thanking you, Yours truly,
For Vodafone Idea Limited
Digitally signed Pankaj by Pankaj Kapdeo Kapdeo Date: 2025.10.23 17:27:57 +05'30' Pankaj Kapdeo Company Secretary Encl: As above
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Annexure A
| S. No. |
Particulars | Information/Remarks |
|---|---|---|
| 1. | Name of the target entity, details in brief such as size, turnover etc. |
Name: Aditya Birla Renewables SPV 3 Limited(“ABRen SPV 3”) Authorised Share Capital: Rs. 6,50,00,000/- divided into 65,00,000 Equity shares of Rs. 10/- each Paid-up Share Capital: Rs. 1,00,000/- divided into 10,000 Equity shares of Rs. 10/- each Turnover: Nil |
| 2. | Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”? |
Acquisition falls within purview of Related Party Transactions. The Audit Committee and Board approval for the transaction are in place. The Transaction is at arm’s length. ABRen SPV 3 is a step-down subsidiary of Grasim Industries Limited, Promoter of the Company. |
| 3. | Industry to which the entity being acquired belongs |
Renewable energy |
| 4. | Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity) |
To comply with regulatory requirement for captive power plants under the provisions of Electricity Act, 2003 and Indian Electricity Rules, 2005 and procurement of cost-effective renewable energy. |
| 5. | Brief details of any governmental or regulatory approvals required for the acquisition |
Not Applicable |
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| S. No. |
Particulars | Information/Remarks |
|---|---|---|
| 6. | Indicative time period for completion of the acquisition |
The First tranche of acquisition is completed. The remaining tranches will be made over a period of approximately four to six months. |
| 7. | Consideration - whether cash consideration or share swap or any other form and details of the same |
Cash Consideration |
| 8. | Cost of acquisition and/or the price at which the shares are acquired |
Rs. 26,000/- for acquisition of 2,600 equity shares of Rs. 10/- each. |
| 9. | Percentage of shareholding / control acquired and / or number of shares acquired |
26% equity stake i.e. 2,600 equity shares of Rs. 10/- each. |
| 10. | Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief) |
Product / Line of Business: ABRen SPV 3 is a subsidiary of Aditya Birla Renewables Limited. ABRen SPV 3 has been formed with the objective, inter alia, of establishing and operating electricity generating stations. It is currently in the process of setting up a Captive Solar Power Plant in Maharashtra. The primary business of ABRen SPV 3 is to generate and supply power through solar and wind energy. Date of Incorporation: 21 November 2024 History of Last 3 years Turnover: Nil Country of Presence: India |
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