Vodafone Idea Denies Media Report on Vodafone Group Proposal Mumbai: Vodafone Idea stated on Monday that it has not received any communication from the Vodafone Group Plc regarding a reported proposal to transfer a portion of its shareholding to the company as treasury stock. The company clarified in a filing that the media report, which surfaced on Monday, was speculative and did not reflect any official communication. The report had initially triggered a sharp rally in the company’s shares, but Vodafone Idea dismissed it as unfounded. The filing, dated May 12, 2026, at 08:24 AM IST, emphasized that the company had no information about the alleged proposal. “We have not received any communication from the Vodafone Group in relation to the above reported matter,” the company stated. This clarification followed the media report’s circulation, which led to increased market activity and investor attention. The company’s denial underscores the absence of formal communication from the Vodafone Group on the matter. While the media report raised questions about potential corporate actions, Vodafone Idea’s statement leaves the situation unresolved. The company did not provide further details about its relationship with the Vodafone Group or any potential future developments. The filing also noted that the report had been widely circulated, prompting scrutiny of the company’s financial position. However, no official confirmation from the Vodafone Group was provided. The stock’s initial rally, driven by speculation, was not addressed by the company’s clarification. The statement does not confirm or deny the existence of any proposal, leaving the matter open to further speculation.#stock_market #mumbai #vodafone_idea #vodafone_group_plc #ettelecom_app
