Vodafone Idea Limited has made a regulatory disclosure to the National Stock Exchange of India Limited and BSE Limited regarding a notice received from the Department of Telecommunications (DoT).
The disclosure is made pursuant to Regulation 30 read with Clause 20 of Para A of Part A of Schedule III of SEBI Listing Regulations and SEBI Master Circular no. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026.
Details of the Notice
- Issuing Authority: Department of Telecommunications
- Nature of Action: Notice to pay liquidated damages of ₹26.83 crore
- Reason: Alleged default in compliance of minimum rollout obligations in respect of spectrum allocated under Spectrum Auction conducted in 2022 (NIA 2022)
- Date of Receipt: 31 July 2026
- Alleged Violation: Non-compliance of network roll out obligation as provided under the Notice Inviting Applications (NIA 2022), which needs to be complied once the spectrum is assigned
Company Response and Impact Assessment
The company states that there is no financial or operational impact on its activities quantifiable in monetary terms. Vodafone Idea is currently reviewing the notice and evaluating the next steps in this matter.