VODAFONE IDEA LIMITED — Capital/Financing Update 2026

May 16, 2026

VI

vodafone

16 May 2026

National Stock Exchange of India Limited
"Exchange Plaza",
Bandra - Kurla Complex,
Bandra (E),
Mumbai – 400 051
Symbol : IDEA

BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai – 400 001
Scrip Code: 532822

Dear Sir,

Subject: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") – Fund Raising

Further to our intimation dated 12 May 2026 and pursuant to Regulation 30 of the Listing Regulations, we wish to inform you that the Board of Directors of Vodafone Idea Limited ('the Company') at its meeting held today i.e. 16 May 2026, has inter-alia approved the following:

1. Issuance of upto 430 crore warrants (each convertible into one equity share) to Suryaja Investments Pte. Ltd., Singapore, (an Aditya Birla Group entity and Promoter Group Company), at an issue price of Rs. 11/- per Warrant, aggregating upto Rs. 4,730 Crore on a preferential basis ("Preferential Issue"), in accordance with the provisions of the Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("ICDR Regulations").

The relevant date, in terms of provisions of ICDR Regulations for determining the minimum price of the Preferential Issue is Tuesday, 12 May 2026.

1. Convening of an Extra-ordinary general meeting of the Company on Thursday, 11 June 2026, to seek approval of the shareholders for the aforesaid Preferential Issue.

The details required under SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026 are given in "Annexure A".

The meeting of the Board of Directors of the Company commenced at 3:00 P.M. and concluded at 5:15 P.M.

The above is for your information and dissemination.

Thanking you,

Yours truly,

For Vodafone Idea Limited

Pankaj
Digitally signed by
Pankaj Kapdeo
Date: 2026.05.16
18:29:48 +05'30'

Kapdeo
Pankaj Kapdeo
Company Secretary
Encl: A/a

myvi.in

An Aditya Birla Group & Vodafone partnership

Birla Centurion, 10th to 12th floor, Century Mills Compound,

Pandurang Budhkar Marg, Worli, Mumbai - 400030.

T: +91 95940 04000 | F: +91 22 2482 0095

Suman Tower, Plot no. 18, Sector 11,

Gandhinagar - 382011, Gujarat.

T: +91 79667 14000 | F: +91 79 2323 2251

CIN: L32100GJ1996PLC030976

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Vd

vodafone

Annexure A

Sr. No.	Particulars	Information
1.	Type of securities proposed to be issued (viz. equity shares, convertibles etc.);	Warrants convertible into Equity Shares
2.	Type of issuance (further public offering, rights issue, depository receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.);	Preferential allotment of warrants on private placement basis under Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
3.	Total number of securities proposed to be issued or the total amount for which the securities will be issued (approximately);	Upto 430 crore warrants convertible into equivalent number of Equity Shares, at an issue price of Rs. 11/- per Warrant, aggregating upto Rs. 4,730 Crore
4	Additional issue details – in case of preferential issue
4a.	Names of the investors	Suryaja Investments Pte. Ltd., Singapore
4b.	Post allotment of securities - outcome of the subscription,	Investor	Pre-Issue Shareholding / %	Post-Issue Shareholding / %*
		Suryaja Investments Pte. Ltd., Singapore	Nil	Upto 4,30,00,00,000 Equity Shares (3.82%)
		*Assuming full conversion of warrants into equity shares
4c.	Issue price / allotted price (in case of convertibles),	Rs. 11/- per Warrant (Warrant Exercise Price). 25% of the Warrant Exercise Price shall be payable at the time of subscription of Warrants and the balance 75% of the Warrant Exercise Price shall be payable by the warrant holder at the time of exercise of the right attached to warrant to subscribe to equity shares.
4d.	Number of investors	1 (One)
4e.	In case of convertibles - intimation on conversion of securities or on lapse of the tenure of the instrument;	Each Warrant would be convertible into 1 (One) equity share of face value of Rs. 10/- and the rights attached to warrants can be exercised in one or more tranches at any time, within a period of 18 months from the date of allotment of warrants. In case the warrant holder fails to exercise the warrant within a period of 18 months from the date of allotment of warrant, the warrant shall lapse and the 25% of the Warrant Exercise Price paid at the time of issuance of warrant will be forfeited by the Company.
5.	Any cancellation or termination of proposal for issuance of securities including reasons thereof	Not Applicable

myvi.in

Vodafone Idea Limited

An Aditya Birla Group & Vodafone partnership

Birla Centurion, 10th to 12th floor, Century Mills Compound,

Pandurang Budhkar Marg, Worli, Mumbai - 400030.

T: +91 95940 04000 | F: +91 22 2482 0095

Registered Office:

Suman Tower, Plot no. 18, Sector 11,

Gandhinagar - 382011, Gujarat.

T: +91 79667 14000 | F: +91 79 2323 2251

CIN: L32100GJ1996PLC030976