Vodafone Idea Limited held its 31st Annual General Meeting (AGM) on Thursday, 27 August 2026 via Video Conferencing in compliance with relevant circulars from the Ministry of Corporate Affairs and Securities and Exchange Board of India.
The meeting commenced at 4:30 PM and concluded at 5:45 PM. Mr. Pankaj Kapdeo, Company Secretary, welcomed shareholders and requested Mr. Kumar Mangalam Birla, Chairman of the Board of Directors, to preside over the meeting.
Attendance: The Chairman confirmed requisite quorum was present. Directors Ms. Neena Gupta and Mr. Sushil Agarwal could not attend due to preoccupation. Representatives of Statutory Auditors, Secretarial Auditors, and Scrutinizers attended the meeting.
Voting Process: Remote e-voting commenced on Sunday, 23 August 2026 from 9:00 AM and concluded on Wednesday, 26 August 2026 at 5:00 PM. Members present at the AGM who had not cast votes earlier were provided an opportunity to cast votes during the meeting. Mr. Umesh Ved, Proprietor of Umesh Ved & Associates, Practicing Company Secretaries, was appointed as Scrutinizer to scrutinize both remote e-voting and e-voting at the AGM.
Chairman's Address: Mr. Kumar Mangalam Birla provided an update on:
- Telecom sector developments
- Company's performance for Financial Year 2025-26
- Addressing of several long-standing challenges
- Strengthening of financial position
- Upgrading of Credit rating
- Acceleration of network investments
- Various consumer and business initiatives undertaken
- Funds raised and capex deployed
Business Transacted: The following items from the Notice dated 16 May 2026 were considered:
Ordinary Business:
1. a) Adoption of Audited Standalone Financial Statements for FY ended 31 March 2026, together with Reports of Board of Directors and Auditors
b) Adoption of Audited Consolidated Financial Statements for FY ended 31 March 2026, together with Report of Auditors
2. Re-appointment of Mr. Sushil Agarwal (DIN: 00060017) who retires by rotation
3. Re-appointment of Mr. Sunil Sood (DIN: 03132202) who retires by rotation
Special Business:
4. Ratification of remuneration payable to Cost Auditors for Financial Year 2026-27 (Ordinary Resolution)
5. Payment of remuneration to Independent Directors of the Company (Special Resolution)
Post-Meeting Procedures: The consolidated e-voting results (remote e-voting and e-voting at AGM) along with the consolidated scrutinizer's report will be informed to the Stock Exchanges and made available on the company's website and National Securities Depository Limited website.
Financial Impact: Not quantified in the disclosure.