Vodafone Idea Limited — Others, 11-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Vodafone Idea Limited has announced a board meeting to review the Statement of Deviation for the funds raised through its Further Public Offer, amounting to Rs. 18,000 crore. The company confirms there was no deviation or variation in the utilization of these funds for the quarter ended 31 December 2024. The Audit Committee has reviewed the use of proceeds, primarily directed towards network expansion and deferred payments, reflecting effective fund management. This clear oversight could foster a positive outlook among investors, indicating strong governance and strategic use of capital.