Vodafone Idea (IDEA) — Related Party Transaction

Vodafone Idea acquired 26% equity stake in Aditya Birla Renewables SPV 3 Limited for ₹1.56 crores on 12 August 2025. The SPV, incorporated November 2024, is developing a captive solar power plant in Maharashtra to provide cost-effective renewable energy and ensure regulatory compliance under the Electricity Act, 2003. Board and Audit Committee approval confirmed arm's length pricing. Completion expected within 6 months in tranches.

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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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