NSEAcquisition30 Jun 2026 · 30 Jun 2026, 05:00 pm

Acquisition

Vodafone Idea Limited · IDEA

✦ AI Summaryacquisition

Vodafone Idea Limited has completed the acquisition of 26% equity stake in MTK Quantum Green Energy Private Limited for Rs. 4.33 crore.

Analysis Scores

Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Vodafone Idea Limited has informed the Exchange about completion of acquisition in MTK Quantum Green Energy Private Limited

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IDEA_30062026165606_SEIntimationMTKEquityInvestmentsigned.pdf

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30 June 2026 National Stock Exchange of India Limited BSE Limited “Exchange Plaza”, Phiroze Jeejeebhoy Towers, Bandra - Kurla Complex, Dalal Street, Bandra (E), Mumbai – 400 001 Mumbai – 400 051 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 20 May 2026, regarding acquisition of 26% in MTK Quantum Green Energy Pvt. Ltd. (“MTK Quantum”), a special purpose vehicle formed for the purpose of owning and operating the Captive Power Plant for which Shareholder’s Agreement & Power Purchase Agreement was executed. We wish to inform you that the Company has now acquired 26% equity stake of MTK Quantum by investing Rs. 4.33 crore. The disclosure 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 January 30, 2026 are given in Annexure A. Kindly take the same on record. Thanking you, Yours truly, For Vodafone Idea Limited Pankaj Kapdeo Company Secretary Encl: As above Annexure A Particulars Information/Remarks 1. Name of the target entity, details in brief Name: such as size, turnover etc. MTK Quantum Green Energy Pvt. Ltd. (“MTK Quantum”), a Company incorporated on October 29, 2025 Authorised Share Capital: Rs. 17,00,00,000/- divided into 1,70,00,000 Equity shares of Rs. 10/- each Paid-up Share Capital: Rs. 16,66,25,000/- divided into 1,66,62,500 Equity shares of Rs. 10/- each Turnover: 2. Whether the acquisition would fall within Acquisition does not fall within purview of related party transaction(s) and whether Related Party Transactions. the promoter/ promoter group/ group companies have any interest in the entity The promoter/ promoter group/ group being acquired? If yes, nature of interest companies do not have any interest in MTK and details thereof and whether the Quantum. same is done at “arm’s length”? 3. Industry to which the entity being Renewable energy acquired belongs 4. Objects and impact of acquisition To comply with regulatory requirement for (including but not limited to, disclosure of captive power plants under the provisions of reasons for acquisition of target entity, if Electricity Act, 2003 and Indian Electricity Rules, its business is outside the main line of 2005 and procurement of cost-effective business of the listed entity) renewable energy. 5. Brief details of any governmental or No approvals required for acquisition. regulatory approvals required for the acquisition Particulars Information/Remarks 6. Indicative time period for completion of Not Applicable the acquisition 7. Consideration - whether cash Cash Consideration consideration or share swap or any other form and details of the same 8. Cost of acquisition and/or the price at Rs. 4,33,22,500/- for acquisition of 43,32,250 which the shares are acquired equity shares of Rs. 10/- each. 9. Percentage of shareholding / control 26% equity stake i.e. 43,32,250 equity shares of acquired and / or number of shares Rs. 10/- each. acquired 10. Brief background about the entity Product / Line of Business: acquired in terms of products/line of MTK Quantum has been formed with the business acquired, date of incorporation, objective, inter alia, of setting up solar & wind history of last 3 years turnover, country power plants for the purpose of generating, in which the acquired entity has transmitting and distributing solar & wind power. presence and any other significant It is currently in the process of setting up a information (in brief) 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