VODAFONE IDEA LIMITED — M&A Activity 2026

May 20, 2026

Vd

vodafone idea

20 May 2026

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)

Pursuant to Regulation 30 of SEBI Listing Regulations, we wish to inform you that the Company has entered into a Power Purchase Agreement and a Share Purchase Agreement on 20th May 2026, for acquisition of not less than 26% paid-up equity share capital MTK Quantum Green Energy Pvt. Ltd., a special purpose vehicle formed for the purpose of owning and operating the Captive Power Plant.

The details as required under Regulation 30 of the SEBI Listing Regulations, read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026 are given in Annexure A.

Kindly take the same on record.

Thanking you,

Yours truly,

For Vodafone Idea Limited

Pankaj Kapdeo
Digitally signed
by Pankaj Kapdeo
Date: 2026.05.20
16:55:16 +05'30'

Pankaj Kapdeo
Company Secretary

Encl: As above

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

---

Vd

vodafone
Idea

Annexure A

S. No.	Particulars	Information/Remarks
1.	Name of the target entity, details in brief such as size, turnover etc.	Name: MTK Quantum Green Energy Pvt. Ltd., a Company incorporated on October 29, 2025.

Authorised Share Capital: Rs. 15,00,000/- divided into 1,50,000 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 does not fall within purview of Related Party Transactions.

The promoter/ promoter group/ group companies do not have any interest in MTK Quantum Green Energy Pvt. Ltd. |
| 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 | No approvals required for acquisition. |

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

---

Vd

vodafone
Idea

S. No.	Particulars	Information/Remarks
6.	Indicative time period for completion of the acquisition	Acquisition shall be completed approximately in 6 months, in one or more tranches.
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	Cost of Acquisition shall be Rs. 4,33,22,500/. The acquisition shall be in one or more tranches.
9.	Percentage of shareholding / control acquired and / or number of shares acquired	The Company will subscribe to 26% equity capital in MTK Quantum Green Energy Pvt. Ltd. by investing Rs. 4,33,22,500/- in one or more tranches.
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:
Currently, MTK Quantum Green Energy Pvt. Ltd. is subsidiary of Shree MTK Textiles Private Limited.

MTK Quantum Green Energy Pvt. Ltd. has been formed with the objective, inter alia, of setting up solar & wind power plants for the purpose of generating, transmitting and distributing solar & wind power. It is currently in the process of setting up a Captive Solar Power Plant in Tamil Nadu.

Date of Incorporation:
29 October 2025

History of Last 3 years Turnover:
Not Applicable

Country of Presence:
India |

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