Vodafone Idea Limited concluded its 31st Annual General Meeting on August 27, 2026. The meeting was held via video conferencing in compliance with Ministry of Corporate Affairs and Securities and Exchange Board of India circulars. Kumar Mangalam Birla, Chairman of the Board of Directors, presided over the proceedings.

The meeting commenced at 4:30 pm and concluded at 5:45 pm. Pankaj Kapdeo, Company Secretary, welcomed shareholders and confirmed the presence of requisite quorum. Representatives from Statutory Auditors, Secretarial Auditors, and Scrutinizers were present. Directors Neena Gupta and Sushil Agarwal could not attend due to prior commitments.

Key Resolutions Passed

Shareholders transacted both ordinary and special business items as outlined in the notice dated May 16, 2026. The key resolutions included:

• Adoption of the Audited Standalone Financial Statements for the financial year ended March 31, 2026, along with the Reports of the Board of Directors and Auditors.
• Adoption of the Audited Consolidated Financial Statements for the financial year ended March 31, 2026, along with the Report of the Auditors.
• Reappointment of Director Sushil Agarwal (DIN: 00060017), who retires by rotation.
• Reappointment of Director Sunil Sood (DIN: 03132202), who retires by rotation.
• Ratification of remuneration payable to Cost Auditors for the financial year 2026-27.
• Approval for payment of remuneration to Independent Directors.

Voting Process

Remote e-voting was conducted from August 23, 2026, at 9:00 am to August 26, 2026, at 5:00 pm. Umesh Ved & Associates was appointed as the Scrutinizer to oversee the remote e-voting process and voting during the AGM. Members present at the meeting who had not voted remotely were provided an opportunity to cast their votes electronically.

The Chairman announced that consolidated e-voting results and the scrutinizer's report would be shared with stock exchanges and made available on the company’s website and National Securities Depository Limited portal.

Management Update

During the meeting, the Chairman addressed shareholders on the telecom sector landscape and the company’s performance for FY26. He highlighted efforts to address long-standing challenges, strengthen the financial position, upgrade credit ratings, and accelerate network investments. Updates were also provided on consumer and business initiatives, funds raised, and capital expenditure deployed.

Vodafone Idea has issued a clarification regarding the Delhi High Court's criticism of the Income Tax Department over a delay in processing a ₹53 crore tax refund owed to the company.

Background of the court observation

The Delhi High Court criticised the Income Tax Department for its delay in releasing the ₹53 crore refund to Vodafone Idea. The company's clarification addresses the nature and context of the court's remarks in connection with this pending refund.

Key details

The clarification from Vodafone Idea relates to the court's observations concerning the Income Tax Department's handling of the refund process. The Delhi High Court's remarks highlighted the delay by the department in disbursing the amount to the telecom company.