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India: Conversion of telecom auction dues of Vodafone Idea Limited into equity shares

Description

On 29 March 2025, the Indian Ministry of Communications decided to convert Vodafone Idea Limited's outstanding spectrum dues into equity shares, following the 2021 Telecom Sector Reforms. This move in...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 Mar 2025

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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