Date: 12 November 2026
KMP / Board / Auditor Changes
Not Specified
Dividend Declaration or Non-Declaration
Not Specified
Board Meeting Outcomes
- The Nomination and Remuneration Committee of the Board of Directors approved the grant of stock options at its meeting held on 12 November 2026
- Approved grant of 95,90,243 Stock Options in aggregate under "Vodafone Idea Limited Employee Stock Option and Performance Stock Unit Scheme 2024" (VIL Scheme 2024)
Financial Results (Standalone & Consolidated)
Not Specified
Disinvestment / Strategic Actions
Not Specified
Other Operational / Legal / Strategic Disclosures
Stock Option Grant Details
Grant Summary:
- Total Stock Options granted: 95,90,243
- Comprising: 54,01,545 Options ("Options") and 41,88,698 Performance Stock Units ("PSUs")
- Granted to eligible employees under VIL Scheme 2024
Scheme Compliance:
- The VIL Scheme 2024 complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
Share Conversion Terms:
- Each Option and PSU is convertible into One fully paid up equity share
- Face value: Rs. 10/- per share
Exercise Price:
- Options: Rs. 12.88 per Option (based on Market Price of 11 November 2026)
- PSUs: Rs. 10/- per PSU
Vesting Period:
- Options: 33% each, over 3 years
- First vesting on completion of one year from date of grant
- PSUs: 100% vesting at the end of 3 years from date of grant
Exercise Period:
- Options and PSUs to be exercised within 5 years from the date of Vesting
Regulatory Reference:
- Disclosure made under Regulation 30 of SEBI Listing Regulations
- Complies with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026