Vodafone Idea seeks shareholder approval via EGM for a ₹4,730 crore preferential warrant issuance to promoter group entity Suryaja Investments.
The company will issue up to 430 crore warrants at ₹11 each, convertible into equity shares within 18 months to fund capex and debt repayment.
The EGM will be held virtually on June 11, 2026, with remote e-voting available from June 8-10, 2026, scrutinized by Umesh Ved & Associates.
Post-issue, promoter holding will increase from 25.64% to 28.48%, with no change in control or open offer obligation triggered.