With reference to clarification sought about the recent news item which appeared on ‘www.moneycontrol.com’ 7 October 2024, captioned ‘DoT issues notice to Vodafone Idea for non-submission of Bank Guarantees.’ In this regard, Vodafone Idea has informed that the Company has made detailed representations to the DoT and continues to be engaged with DOT for removal of the bank guarantee requirements for spectrum acquired before 2022. This is also an industry ask. As and when a final decision is taken by the DoT, the Company will make the necessary disclosures as required by law.
The above information is a part of company’s filings submitted to BSE.
