FilingReader Intelligence

Vodafone Idea acquires 26% stake in solar plant for $1.8m

August 12, 2025 at 07:11 PM UTC•By FilingReader AI

Vodafone Idea has acquired at least 26% of Aditya Birla Renewables SPV 3 Limited for INR 156 million ($1.8 million).

The related party transaction aims to secure captive power supply and comply with electricity regulations. The target company is establishing a captive solar power plant in Maharashtra.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Primary Source Document

The Company has entered into a Power Purchase Agreement and a Share Purchase Agreement on 12 August 2025 for acquisition of not less than 26% paid up equity share capital of Aditya Birla ....August 12, 2025 at 12:39 PM UTC

VODAFONE IDEA

BSE:IDEA•Bombay Stock Exchange

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