Deals21 Apr 2025, 05:22 pm
Vodafone Idea Ltd. Receives Shares from The President of India through Issue of Order
AI Summary
Vodafone Idea Limited has received shares from The President of India through issue of Order under sub-section (4) of Section 62 of Companies Act, 2013 by Department of Telecommunications, Ministry of Communications, Government of India, vide Order dated 29.03.2025. The shares were issued in reliance upon exemption provided for in Regulation 10 of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Key Highlights
- Vodafone Idea Ltd. receives shares from The President of India
- Shares issued under Section 62 of Companies Act, 2013
- Issue ordered by Department of Telecommunications, Ministry of Communications, Government of India
- Shares issued in reliance on exemption provided in Regulation 10 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
- The President of India represented by the Department of Investment and Public Asset Management, Ministry of Finance, Government of India