Vodafone Idea Limited has informed the Exchange regarding end of term of Akshaya Moondra as Chief Executive Officer of the company w.e.f. August 18, 2025.
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Vodafone Idea's current CEO Akshaya Moondra's 3-year term ends on August 18, 2025, after being appointed in August 2022. The board has appointed the company's current Chief Operating Officer, Abhijit Kishore, as the new CEO and Key Managerial Personnel for a 3-year term effective August 19, 2025 to August 18, 2028. Abhijit Kishore has over 27 years of telecom experience and has been with Vodafone Idea since March 2015, having led circle operations in Gujarat and Kerala and the Enterprise Business. This is a planned leadership transition with the new CEO being promoted from within the company.
This is a smooth, planned internal succession with no surprise exit. The new CEO's deep familiarity with the business may please investors, though Moondra had overseen VIL's recent fundraising rounds and 4G/5G expansion, so his departure is a notable leadership change worth tracking. Stock reaction is likely to be neutral in the short term.