Our Company was incorporated as ÂBirla Communications LimitedÂ, a public limited company under the Companies Act, 1956 with a certificate of incorporation issued by the Registrar of Companies, Maharashtra at Mumbai on March 14, 1995 and a certificate of commencement of business on August 11, 1995. Pursuant to a joint venture agreement dated December 5, 1995 between AT&T Corporation and Grasim Industries Limited, the name of our Company was changed to ÂBirla AT&T Communications Limited and a fresh certificate of incorporation was issued by the Registrar of Companies, Maharashtra at Mumbai on May 30, 1996. The name of our Company was subsequently changed to ÂBirla Tata AT&T Limited and a fresh certificate of incorporation was issued by the RoC on November 6, 2001 pursuant to a shareholders agreement dated December 15, 2000 entered into between Grasim Industries Limited on behalf of the Aditya Birla group, Tata Industries Limited on behalf of the TATA Group and AT&T Wireless Services Inc. on behalf of the AWS Group which replaced the joint venture agreement between AT&T Corporation and Grasim Industries Limited. Further, pursuant to the introduction of the Idea brand, the name of our Company was changed to ÂIdea Cellular Limited and a fresh certificate of incorporation was issued by the RoC on May 1, 2002. Thereafter, pursuant to amalgamation of VMSL and Vodafone India with our Company, the name of our Company was changed to its present name ÂVodafone Idea LimitedÂ, and a fresh certificate of incorporation was issued by the RoC on August 31, 2018. Major events and milestones: 1995  Incorporated as Birla Communications Limited  Obtained CMTS licenses for providing services in the Gujarat and Maharashtra circles 1996 Changed name to Birla AT&T Communications Limited 1997 Commenced commercial operations in the Gujarat and Maharashtra service areas 2000 Merger of Tata Cellular Limited with the Company, thereby acquiring original license for the Andhra Pradesh Circle 2001  Acquired RPG Cellcom Limited and consequently the license for the Madhya Pradesh  Changed name to Birla Tata AT&T Limited  Obtained CMTS license for providing services in the Delhi circle 2002  Changed name to Idea Cellular Limited and developed the ÂIdea brand name  Commenced commercial operations in Delhi circle 2004  Acquired Escotel Mobile Communications Limited  First cellular operator in India to commercially launch EDGE services 2006  Became part of the Aditya Birla group subsequent to the TATA group transferring its entire shareholding in the Company to the Aditya Birla group  Acquired Escorts Telecommunications Limited  Obtained UASL for the Mumbai and Bihar circles 2007 Initial public offering by the Company 2008  Obtained UASL for nine service areas  Acquired Spice Communications Limited with licences for operating service areas of Punjab and Karnataka  Preferential allotment of Equity Shares to TMI Mauritius Ltd., an affiliate of Axiata Group, aggregating to approximately ?72,945 million 2009 Became a pan-India operator 2010 Allotted 3G spectrum in 11 service areas in India 2011 Launched 3G services in 20 service areas through combination of home network and roaming arrangements 2012 Launched ISP services 2014  Completed ÂQualified Institutions Placement (QIP), aggregating to ? 30,000 million  Preferential allotment of Equity Shares to Axiata Investments 2 (India) Limited, an affiliate of Axiata Group aggregating to ?7,500 million 2015 Launched 4G services in 4 southern circles in December 2015. 2016 Expanded 4G services to 10 service areas 2018  Preferential allotment to Promoters and Promoter Group aggregating to ?32,500 million  Completed ÂQualified Institutions Placement (QIP), aggregating to ?35,000 million  Completed the merger of Vodafone India and VMSL with our Company  Name of the Company was changed from ÂIdea Cellular Limited to ÂVodafone Idea Limited 2019  Completed a rights issue for an amount aggregating to ?249,998 million  Demerger and transfer of fibre undertaking held by the Company to our CompanyÂs wholly owned subsidiary  Orders from Supreme Court to our Company and other telecom companies to pay AGR dues 2020  Sold 11.15% stake in Indus Towers Limited at a consideration of ?37,642 million, pursuant to merger of Indus Towers Limited with Bharti Infratel Limited  Launch of new unified ÂVi Brand 2021  Acquired 23.6 MHz spectrum in 900 and 1800 MHz in certain service areas for aggregate value of ?19,934 million  Announcement of Telecom Reforms Package by the Government of India for the telecom sector addressing the structural, procedural and liquidity issues, arising due to the AGR judgment 2022  Preferential allotment to our Promoters and Promoter Group for an amount aggregating to ?45,000 million  Acquired 6,237 MHz spectrum across 2,100 MHz, 2,500 MHz, 3,300 MHz and 26 GHz in the 5 Spectrum Auction for an aggregate value of ?187,836 million  Preferential allotment of convertible warrants to our Promoter for an amount aggregating to ?4,362 million 2023  Conversion of convertible warrants issued to our Promoter to equity shares for an amount aggregating to ?4,362 million  Issuance of OCDs to ATC Telecom Infrastructure Private Limited for an amount aggregating to ?16,000 million  Issued equity shares aggregating to ?161,332 million representing 33.1% of equity capital of the Company to Government of India pursuant to conversion of loan representing NPV of the interest related to deferment of spectrum auction instalments and AGR dues into equity shares |
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