The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on January 02, 2026 for Euro Pacific Securities ....
IDEA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Three Vodafone Group promoters — Euro Pacific Securities Ltd (EPSL), Omega Telecom Holdings, and Usha Martin Telematics — have earmarked 3,280,000,000 equity shares (3.027% of Vodafone Idea's total share capital) for the benefit of Vodafone Idea itself. This follows an amendment dated 31 December 2025 to the original 2017 Implementation Agreement and relates to the discharge of the Contingent Liability Adjustment Mechanism (CLAM) amount owed by the Vodafone Group. The earmarked shares, worth about ₹3,529 crore at ₹10.76 per share, will be sold over five years at the instruction of a person appointed by Vodafone Idea, with all net proceeds going to the company. EPSL alone has earmarked 2.89 billion shares, which is 51.69% of its own holdings in Vodafone Idea, crossing the 50% encumbrance threshold for that entity. The Vodafone Group Promoters collectively hold 16.07% of Vodafone Idea.
This is a structural mechanism, not a fresh buy or sell, so the immediate stock impact may be limited. However, it signals that about 3% of equity will be gradually sold over five years with proceeds flowing to Vodafone Idea, which could create mild overhang on the stock. For EPSL, the encumbrance crosses 50% of its individual holding, a regulatory flag for investors to note.