NSEAllotment of Securities22 Jun 2026 · 22 Jun 2026, 07:53 pm
Allotment of Securities
Vodafone Idea Limited · IDEA
✦ AI Summary▲ PositiveFundraise
Vodafone Idea Limited has allotted 430 crore warrants to Suryaja Investments Pte. Ltd., an Aditya Birla Group entity and a member of the Promoter Group, on a preferential basis. An upfront payment of Rs. 1,182.50 Crore, representing 25% of the issue price of Rs. 11 per warrant, has been received. Each warrant is convertible into one equity share within 18 months upon payment of the remaining 75% of the issue price, providing immediate capital and potential further equity infusion to the company.
Analysis Scores
Earnings Impact8/10
Growth Catalyst7/10
Governance Concern3/10
Regulatory Risk1/10
Balance Sheet Risk9/10
Liquidity Impact6/10
Market Sentiment9/10
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Full Announcement
Vodafone Idea Limited has informed the Exchange regarding allotment of 430 Crore warrants to Suryaja Investments Pte. Ltd. (an Aditya Birla Group entity and a member of the Promoter Group) on a preferential basis.
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22 June 2026
National Stock Exchange of India Limited BSE Limited
“Exchange Plaza”, Phiroze Jeejeebhoy
Bandra - Kurla Complex, Towers,
Bandra (E), Dalal Street,
Mumbai – 400 051 Mumbai – 400 001
Dear Sirs,
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Allotment of Warrants on preferential basis
Ref: “Vodafone Idea Limited” (IDEA/532822)
Pursuant to the approval granted by the Board of Directors of the Company at its meeting held on 16
May 2026 and special resolution passed by the members of the Company at Extra-Ordinary General
Meeting held on 11 June 2026 approving issuance of warrants on preferential basis, the Capital
Raising Committee of the Board of Directors of the Company at its meeting held today i.e. 22 June
2026, considered and approved the allotment of 430 Crore warrants to Suryaja Investments Pte. Ltd.
(an Aditya Birla Group entity and a member of the Promoter Group) for cash at an issue price of
Rs. 11/- per warrant, against receipt of 25% of the issue price i.e. Rs. 2.75 per warrant aggregating to
Rs.1,182.50 Crore.
Each warrant is convertible into, or exchangeable for, one fully paid-up equity share of the Company
of face value of Rs. 10/- at a premium of Re. 1/- each, which may be exercised in one or more tranches
during the period commencing from the date of allotment of the warrants until expiry of 18 months by
payment of the remaining 75% of the issue price against each warrant.
There is no increase in the paid-up equity share capital of the Company as the allotment is of warrants.
The meeting of the Capital Raising Committee commenced at 6:00 p.m. and concluded at
6:10 p.m.
The above is for your information and dissemination to the members.
Thanking you,
Yours truly,
For Vodafone Idea Limited
Pankaj Kapdeo
Company Secretary