Vodafone Idea (IDEA) — Related Party Transaction

Vodafone Idea Limited disclosed on 16 May 2025 its acquisition of a 26% stake in Sangli Wind Energy Private Limited (SWEPL), a special purpose vehicle established to develop and operate a captive wind power plant in Maharashtra. The transaction, valued at ₹31.20 lakhs, was executed through cash consideration for 3,12,000 equity shares of Rs. 10 each. SWEPL, incorporated on 28 August 2024, has no turnover and operates exclusively in the renewable energy sector. The filing confirms the acquisition does not qualify as a related party transaction under SEBI regulations, and no promoter or promoter group holds an interest in SWEPL. The company emphasized compliance with captive power regulations under the Electricity Act, 2003, and Indian Electricity Rules, 2005, to secure cost-effective renewable energy. Governance disclosures and annexure details were submitted to NSE and BSE as required.

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About Vodafone Idea Limited (IDEA)

Telecommunication · Telecom - Services · Listed on NSE

Market Cap: ₹1,40,304.23 Cr P/E: -5.0

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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