Idea Cellular allots 389.39 crore equity shares

Pursuant to Scheme of amalgamation and arrangement

The Board of Idea Cellular at its meeting held on 31 August 2018 has taken the following actions pursuant to the merger of Vodafone Mobile Services (VMSL) and Vodafone India (VIL) with the company and implementation of the scheme of arrangement -

1. Consequent to the merger of VMSL with the Company, the Board has allotted 3,89,39,27,522 equity shares of Rs. 10/- each (the "Equity Shares") to VIL (the shareholder of VMSL);

2. Consequent to the merger of VIL with the Company:
(i) the Board has cancelled 3,89,39,27,522 Equity Shares allotted to VIL (as a shareholder of VMSL); and
(ii) allotted an aggregate of 4,37,51,99,464 Equity Shares of Rs. 10/- each to the shareholders of VIL.

Consequent to the aforesaid, the paid-up equity share capital of the Company stands increased to Rs. 87,35, 13,93,930 divided into 8,73,51,39,393 Equity Shares, fully p.rid-up.

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