Vodafone Group promoters, including Euro Pacific Securities Ltd, Omega Telecom Holdings Private Limited, and Usha Martin Telematics Limited, have earmarked 3,280,000,000 equity shares of Vodafone Idea Limited for the benefit of the target company. This represents approximately 3.027% of the equity share capital, aligning with an implementation agreement and aimed at discharging contingent liabilities.
Share Earmarking Details
The Vodafone Group promoters which include Euro Pacific Securities Ltd (EPSL), Omega Telecom Holdings Private Limited (Omega), and Usha Martin Telematics Limited (UMTL) have earmarked a total of 3,280,000,000 equity shares. These shares, representing approximately 3.027% of Vodafone Idea Limited’s equity share capital, are specifically allocated for the benefit of the target company.
Breakdown by Promoter
The earmarked shares are distributed among the promoters as follows:
- EPSL: 2,891,358,632 shares
- Omega: 256,841,451 shares
- UMTL: 131,799,917 shares
Purpose and Implementation
This earmarking is pursuant to an amendment to the implementation agreement dated December 31, 2025. These shares will be sold over a period of five years, with the net proceeds accruing to the target company. Although earmarked, each Identified VIL Promoter remains the legal and beneficial owner but cannot sell, transfer, or create liens on these shares, except as per the implementation agreement.
Source: BSE
