Vodafone Idea received a ₹4,730-crore equity infusion from its promoters on 17 May 2026, the company disclosed in an exchange filing reported by livemint.com.
The capital came from the Aditya Birla Group and Vodafone Group Plc, which together own 74.99% of the carrier. The promoters subscribed to 1.57 billion shares at ₹30.1 each, raising the paid-up equity base by roughly 5%. The transaction closed after the board approved the preferential allotment on 12 May, according to livemint.com.
While the cash stabilises near-term liquidity, Vodafone Idea still carries ₹1.27 trillion in spectrum liabilities and must meet sizeable government dues over the next three years. Analysts cited by livemint.com note that the amount falls short of the estimated ₹35,000-40,000 crore required for 5G roll-out and network densification. The carrier’s average revenue per user rose to ₹158 in the March quarter, arresting subscriber losses for the first time in two years, yet peers Bharti Airtel and Reliance Jio continue to outpace it on both metrics.
The company now has until 30 June to submit a detailed funding plan to the Department of Telecommunications, including fresh bank loans and potential external investors, livemint.com reported. Investors will watch whether Vodafone Idea can secure additional long-term capital before the next spectrum instalment falls due in September.