Vodafone Idea Limited — Others, 02-05-2025: Monitoring Agency Report

Vodafone Idea Limited has announced a board meeting to consider the financial results for the quarter and half-year. Monitoring agency reports confirm full utilization of Rs. 18,000 Cr raised through the Further Public Offer, mainly directed toward network expansion, deferred spectrum payments, and corporate purposes. Additionally, Rs. 1,909.95 Cr from a preferential issue for Indus Towers infrastructure payments has been fully deployed. Remaining funds are parked in fixed deposits earning 4.75%-7.30%. No delays or deviations were reported, underpinning the company’s continued investment in network growth and financial obligations.