Updates
Subject : Allotment of 232,430 Equity shares of Rs.10/- each under Employee Stock Option Scheme, 2006 and Employee Stock Option Scheme, 201327-07-2017
27-07-2017
Updates
Subject : Allotment of 232,430 Equity shares of Rs.10/- each under Employee Stock Option Scheme, 2006 and Employee Stock Option Scheme, 201327-07-2017
Un-Audited Financial Results For The First Quarter Ended 30Th June, 2017-Regulation 33 Of SEBI (LODR)Regulations, 2015
Pursuant to Regulation 33 of SEBI (LODR)Regulations, 2015, please find attached herewith Un-audited Financial Results (Standalone & Consolidated) of the Company for the First Quarter Ended 30th June, 2017, together with the Limited Review Report of the Statutory Auditors27-07-2017
CCI approves Idea- Vodafone merger
The Competition Commission of India (CCI) has approved Idea Cellular's proposed merger with Vodafone. The two had announced the $23-billion deal to create India's leader in the telecom sector.Shweta Shroff Chopra, partner from Shardul Amarchand Mangaldas, which advised Vodafone on the deal (trilegal advised Idea) said the approval was for the first phase of the merger. While CCI has given unconditional approval, the two entities are yet to receive approval from the Securities and Exchange Board of India (Sebi). In the first stage, domestically-listed Idea Cellular (part of Aditya Birla Group) and Vodafone India, which is unlisted, would merge their operations at a share swap ratio of 1:1. Then, Birla's holding companies would buy a 4.9 per cent stake from Vodafone at Rs 110 a share, investing close to Rs 3,900 crore.This would increase Idea's stake to 26 per cent and bring down London-based Vodafone Plc's stake to 45.1 per cent. The Birlas would have the right to acquire another...24-07-2017
Updates
CCI approves proposed merger of Vodafone India, Vodafone Mobile Services Ltd., and Idea Cellular24-07-2017
Clarification sought from Idea Cellular Ltd
The Exchange has sought clarification from Idea Cellular Ltd with respect to news article appearing in Business Standard on July 22, 2017 titled "Six telcos understated revenues by Rs. 61,000 cr."The reply is awaited.24-07-2017
Board Meeting On 27Th July,2017
Pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of the Board of Directors of Idea Cellular Limited ('the Company') will be held on Thursday, 27th day of July, 2017, inter alia, to consider and approve the Un-audited Financial Results of the Company for the first quarter ended June 30, 2017....19-07-2017