Board of Directors at their meeting held on 30th May 2025 have inter-alia approved the raising of funds as…

Vodafone Idea Ltd. has announced that its Board of Directors approved a plan to raise funds up to an aggregate amount of Rs. 20,000 crores, subject to shareholder and regulatory approvals. The funds may be raised through various methods, including public offers or private placements of equity shares and other securities. An extraordinary general meeting is scheduled for 27 June 2025 to seek approval for this matter and to amend the Articles of Association.

Raising capital changes the share count or the debt load, and the stated use of proceeds is a commitment that can later be checked.

• Instrument and amount finally raised
• Stated use of proceeds
• Whether the enabling resolution is actually used