Vodafone Idea Limited — Others, 04-06-2025: Shareholders meeting

Vodafone Idea Limited has announced a board meeting to hold an EGM via video conferencing, focusing on two major matters. First, it plans to amend its Articles of Association to lower the promoter rights threshold from 13% to 10%, reflecting governance changes after government equity allotment. Second, it seeks authorization to raise up to ₹20,000 Cr through various securities issuances to support operations, debt repayment, spectrum payments, capex, and general corporate needs. This will provide greater flexibility for capital raising without requiring fresh shareholder approval.