Vodafone Idea Limited (IDEA) — Corporate Action

📢 Key Event
Allotment of 430 crore warrants to Suryaja Investments Pte. Ltd.

🔄 What Changed
Rs. 1,182.50 crore received for warrants; no change in paid-up equity share capital

🔮 What's Next
Warrants exercisable over 18 months

💡 Investor Takeaway
Warrants may dilute shares later but do not affect current capital or dividends.

Vodafone Idea announced the allotment of 430 crore warrants to Suryaja Investments Pte. Ltd. at Rs. 11 per warrant, with 25% paid upfront (Rs. 2.75) aggregating to Rs. 1,182.50 crore. Each warrant permits purchase of one equity share at a Rs. 1 premium, exercisable over 18 months. The paid-up capital remains unchanged as these are warrants, not new shares.

📄 View Original Announcement (PDF)

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