Vodafone Idea gave big information on the exchange - said that for the first time in 4 years the rating has been so good, also told about the future planning:

News Topical, Digital Desk : Vodafone Idea (VIL) gave several important updates in its September 2025 investor presentation on the exchange. The company says that the government now holds 49% stake in the company, which is formed by converting AGR and spectrum dues into equity. At the same time, promoter groups Vodafone Group and Aditya Birla Group are also continuously supporting. The company has raised ₹ 1.09 lakh crore so far since the merger.

While giving information about the shareholding structure earlier, the company said that the government holds 49% stake in Vodafone Idea.

After this, Vodafone Group now holds 16.07% stake. Aditya Birla Group holds 9.50% stake. The rest is held by public shareholders. They hold about 25.43% stake.

How did the government's stake increase- Deferred interest on AGR and spectrum installments (₹16,130 crore) in February 2023 has been converted into equity. Some spectrum dues (₹36,950 crore) payable in FY26-28 were also converted into equity.

Now the company is preparing to raise funds continuously- After the merger, a total of ₹1,091 billion (₹1.09 lakh crore) equity has been raised so far. ₹61,400 crore has been raised in FY25. The promoter group has infused ₹27,000 crore so far, including ₹4,000 crore in FY25. Credit rating has improved. Aug'21: B- (CWN) Feb'22: B+ (Stable) Jun'24: BB+ (Stable) Apr'25: BBB- (Stable)

With continuous upgrades, the company is now close to investment grade. Impact on market and investors- The company will get regulatory and financial support from the government's large stake. Equity raising and rating improvement may reduce debt cost and make new funding easier. The company's long-term story looks strong due to data demand and tariff hike in the telecom sector. However, high debt and cashflow challenges still exist, which investors will have to keep an eye on.