Vodafone Idea Limited — Others, 14-02-2025: Rumour Verification - Regulation 30(11)

Vodafone Idea has reiterated its capital expenditure (capex) guidance of ₹10,000 crore for the financial year 2024-25. This confirmation during a recent investor call followed a news article speculating on the company’s expansion plans, which previously led to a 7% share price rally. So far, approximately ₹5,300 crore has been utilized as of December 31, 2024. This announcement reinforces the company's commitment to its planned growth strategy and may maintain investor confidence, although potential challenges in executing the full capex remain.