Vodafone Idea : Communication to shareholders as per Reg 30

25 July 2022
National Stock Exchange of India Limited	BSE Limited
"Exchange Plaza",	Phiroze Jeejeebhoy Towers,
Bandra - Kurla Complex,	Dalal Street,
Bandra (E),	Mumbai - 400 001
Mumbai - 400 051
Dear Sirs,

Sub: Allotment of Warrants on preferential basis to Promoter

Ref: "Vodafone Idea Limited" (IDEA / 532822)

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that, further to the meeting of the Board of Directors of the Company held on 22nd June, 2022 and 22nd July, 2022, approving issuance of securities on Preferential Basis, the Capital Raising Committee of the Board of Directors has at its meeting held today, i.e., 25th July, 2022, considered and approved the allotment of 42,76,56,421 Warrants to Euro Pacific Securities Ltd (a Vodafone Group entity and promoter of the Company) for cash at an issue price of Rs. 10.20 per Warrant, against receipt of 100% of the issue price received upfront, aggregating to ~ Rs. 436.21 crore, with a right to the Warrant Holder to apply for and be allotted 1 (one) Equity Share of face value of Rs. 10/- each of the Company at a premium of Re. 0.20 (i.e. twenty paise) within a period of 18 (Eighteen) months from the date of allotment.

The Shareholders of the Company had approved the said issuance vide special resolution passed at the Extra-ordinary General Meeting held on 15th July, 2022.

The above is for your information and dissemination to the members.

Thanking you,

Yours truly,

For Vodafone Idea Limited

Pankaj Kapdeo

Company Secretary