BSEInsider Trading / SAST7 Oct 2026 · 7 Oct 2026, 12:18 pm
The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on October 06, 2026 for Euro Pacific Securities Ltd & Others
Vodafone Idea Ltd · 532822
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Vodafone Idea Ltd's promoters, including Euro Pacific Securities Ltd and others, have created an encumbrance (non-disposal undertaking) on 3,280,000,000 equity shares of the company, which were earmarked for a period of five years from December 2025.
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Full Announcement
Vodafone Idea Ltd - 532822 - Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.
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Date: 6 October 2026
BSE Limited National Stock Exchange of India Limited
25th Floor, Pheroze Jeejeebhoy Towers Exchange Plaza, C-1, Block - G
Dalal Street Bandra Kurla Complex, Bandra (East)
Mumbai – 400 001 Mumbai – 400 051
Sub: Disclosure under Regulation 31(1) read with Regulation 28(3) of the Securities and Exchange
Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as
amended (the “Takeover Code”) and the SEBI Circular No. SEBI/HO/CFD/PoD-
1/CIR/2023/31 dated 16 February 2023 (the “SEBI Circular”)
Dear Sir / Ma’am,
We refer to the letter dated 31 December 2025 in relation to the amendment dated 31 December 2025 to
the implementation agreement dated 20 March 2017 among, inter alia, erstwhile Vodafone India Limited,
Vodafone Idea Limited (the “Target Company”), Mr. Kumar Mangalam Birla, the other Vodafone
Promoters and Vodafone International Holdings B.V. (the “Implementation Agreement”, and such
amendment the “IA Amendment”) pursuant to which 3,280,000,000 equity shares of the Target Company
(“Equity Shares”) were earmarked for a period of five (5) years from date of execution of the IA
Amendment, as may be extended under the IA Amendment (“Earmarked Shares”), for the benefit of the
Target Company.
This letter sets out the disclosure being made pursuant to Regulation 31(1) of the Takeover Code read with
the SEBI Circular by the following Vodafone group promoters of Target Company:
1. Euro Pacific Securities Ltd (“EPSL”);
2. Al-Amin Investments Limited (“AAIL”);
3. Asian Telecommunication Investments (Mauritius) Limited (“ATIML”);
4. Trans Crystal Ltd. (“TCL”);
5. CCII (Mauritius), Inc. (“CCII”);
6. Prime Metals Ltd. (“PML”);
7. Mobilvest;
8. Vodafone Telecommunications (India) Limited (“VTIL”, collectively with EPSL, AAIL, ATIML,
TCL, CCII, PML and Mobilvest, the “Mauritian Promoters”)
9. Omega Telecom Holdings Private Limited (“Omega”); and
10. Usha Martin Telematics Limited (“UMTL”, together with Omega, the “Indian Promoters” and
collectively with the Mauritian Promoters, the “Vodafone Promoters”).
The Mauritian Promoters are entities incorporated in Mauritius and the Indian Promoters are entities
incorporated in India and are promoters of the Target Company. The Vodafone Promoters hold an aggregate
of 17,414,045,221 Equity Shares of the Target Company comprising approximately 16.07% of the equity
share capital of the Target Company (15.46% of the share capital of the Target Company on a fully diluted
basis) in the manner below:
Vodafone Promoters Number of Equity Percentage of Percentage of
Shares held in the shareholding shareholding (%)
Target Company (%) (fully diluted basis)
Al-Amin Investments Limited 812,744,186 0.75% 0.72%
Vodafone Promoters Number of Equity Percentage of Percentage of
Shares held in the shareholding shareholding (%)
Target Company (%) (fully diluted basis)
Asian Telecommunication 980,469,868 0.90% 0.87%
Investments (Mauritius) Limited
Trans Crystal Ltd. 1,461,143,311 1.35% 1.30%
CCII (Mauritius), Inc. 446,059,752 0.41% 0.40%
Prime Metals Ltd. 2,756,484,727 2.54% 2.45%
Mobilvest 1,675,994,466 1.55% 1.49%
Vodafone Telecommunications 1,624,511,788 1.50% 1.44%
(India) Limited
Euro Pacific Securities Ltd 5,593,277,865 5.16% 4.97%
Omega Telecom Holdings Private 1,363,612,391 1.26% 1.21%
Limited
Usha Martin Telematics Limited 699,746,867 0.65% 0.62%
On 31 December 2025, EPSL earmarked the Earmarked Shares for the benefit of the Target Company
which included equity shares earmarked on behalf of the Mauritian Promoters.
The Vodafone Promoters are now creating an encumbrance (non-disposal undertaking) in relation to the
Earmarked Shares in the manner set out below:
Vodafone Promoters Number of Shares being encumbered
Al-Amin Investments Limited 153,083,382
Asian Telecommunication Investments (Mauritius) 184,675,136
Limited
Trans Crystal Ltd. 275,211,762
CCII (Mauritius), Inc. 84,017,009
Prime Metals Ltd. 519,194,121
Mobilvest 315,679,773
Vodafone Telecommunications (India) Limited 305,982,820
Euro Pacific Securities Ltd 1,053,514,629
Omega Telecom Holdings Private Limited 256,841,451
Usha Martin Telematics Limited 131,799,917
Total 3,280,000,000
Please see enclosed the disclosure by the Vodafone Promoters in the prescribed format under Regulation
31(1) read with Regulation 28(3) of the Takeover Code and the SEBI Circular in relation to the above.
We request you to kindly take the above on record and acknowledge receipt.
Yours sincerely,
For and on behalf of Euro Pacific Securities Ltd For and on behalf of Al-Amin Investments
Limited
van Niekerk van Niekerk
Title: Director Title: Director
For and on behalf of Asian Telecommunication For and on behalf of Trans Crystal Ltd.
Investments (Mauritius) Limited
Gerhard van Niekerk Gerhard van Niekerk
Title: Director Title: Director
For and on behalf of CCII (Mauritius), Inc. For and on behalf of Prime Metals Ltd.
van Niekerk ame: Gerhard van Niekerk
Title: Director Title: Director
For and on behalf of Mobilvest For and on behalf of Vodafone
Telecommunications (India) Limited
Gerhard van Niekerk Gerhard van Niekerk
Title: Director Title:Director
fSignature page to disclosure under Regulation 3 I (1) read with Regulation 28(3) of the Securities and
Exchange Board oflndia (Substantial Acquisition ofShares and Takeovers) Regulations, 201 1l
For and on behalf of Usha Martin Telematics For and on behalf of Omega Telecom Holdings
Limited Private Limited
Name: Abhijeet Modak Name: Abhijeet Modak
Title: Company Secretary Title: Company Secretary
cc: Vodafone Idea Limited
Suman Tower,
Plot No. 18, Sector 11
Gandhinagar, Gujarat - 382011
Enclosed: Disclosure under Regulation 31(1) read with Regulation 28(3) of the Takeover Code and the
SEBI Circular.
[Signature page to the disclosure under Regulation 31(1) read with Regulation 28(3) of the Securities and
Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011]
Annexure I
Disclosure by the Promoter(s) to the stock exchanges and to the Target Company for encumbrance of shares/invocation of
encumbrance/release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011
Name of the Target Company (TC) Vodafone Idea Limited
Names of the stock exchanges where the shares of the (i) BSE Limited
target company are listed (ii) National Stock Exchange of India Limited
Date of reporting 6 October 2026
Name of the promoter or PAC on whose shares 1. Euro Pacific Securities Ltd (“EPSL”);
encumbrance has been created/released/invoked 2. Al-Amin Investments Limited (“AAIL”);
3. Asian Telecommunication Investments (Mauritius) Limited (“ATIML”);
4. Trans Crystal Ltd. (“TCL”);
5. CCII (Mauritius), Inc. (“CCII”);
6. Prime Metals Ltd. (“PML”);
7. Mobilvest;
8. Vodafone Telecommunications (India) Limited (“VTIL”, collectively with EPSL,
AAIL, ATIML, TCL, CCII, PML and Mobilvest, the “Mauritian Promoters”)
9. Omega Telecom Holdings Private Limited (“Omega”); and
10. Usha Martin Telematics Limited (“UMTL”, together with Omega, the “Indian
Promoters” and collectively with the Mauritian Promoters, the “Vodafone Promoters”).
Details of the creation of encumbrance:
Name of the Promoter holding in Promoter holding Details of events pertaining to encumbrance (3) Post event holding of
promoter(s) or the target company already encumbered (2) encumbered shares
PACs with (1) {creation [(2)+(3)]/
him* release [(2)-(3)]/
invocation [(1)-(3)]}
Number % of Number % of Type of Date of Type of Reasons for Number % of Name of the Number % of
total total event creation/ encumbrance encumbrance share entity in share
share share (creatio release/ (pledge/lien/ ** capital whose favor capital
capital capital n/ invocatio non disposal shares
release/ n of undertaking/ encumbered
invocati encumbra others)
on) nce
Euro Pacific 5,593,277,865 4.97% 2,891,358,632 2.57%## Creation 30 Creation of an Creation of 1,053,514,629 0.94% The 1,053,514,6 0.94%##
Se
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