Vodafone Idea Grants Over 138 Million Stock Options

Vodafone Idea Limited announced on July 13, 2026, that its Nomination and Remuneration Committee approved the grant of 138,972,376 stock options and performance stock units (PSUs) to eligible employees under the VIL Scheme 2024. This includes 87,568,313 options and 51,404,063 PSUs. Each option and PSU is convertible into one equity share of face value ₹10. The exercise price for options is ₹14.19, and for PSUs is ₹10. Options vest over three years, with 100% PSU vesting at the end of three years. All grants are exercisable within five years from their vesting date.