Vodafone Idea Limited — Others, 02-05-2025: Alteration/revision(s)

Vodafone Idea has announced a board meeting to approve changes lowering the Qualifying Threshold for Promoter Groups’ governance rights from 13% to 10%, while excluding the Government of India’s increased 48.99% stake. This move ensures Vodafone and Aditya Birla groups maintain management and board appointment control despite their reduced shareholding. The amendments also update provisions on shareholding equalization and security creation while removing redundant clauses. Shareholders will be asked to approve updates to the Articles of Association at an upcoming extraordinary general meeting.