The Aditya Birla Group will invest Rs 47.30 billion in Vodafone Idea Limited (Vi), bolstering the debt-laden operator’s financial position and its ability to continue competing against larger rivals Reliance Jio and Bharti Airtel.
Vi’s board on May 17, 2026 approved a preferential allotment of convertible warrants to Suryaja Investments, a Singapore-based entity of the Aditya Birla Group, marking a fresh capital infusion from the company’s promoters. Upon full conversion, Suryaja Investments will hold up to a 3.82 per cent stake in Vi, according to a regulatory filing.
Further, the investment follows promoter Kumar Mangalam Birla’s return as chairman of Vi’s board earlier this month.
