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Commencement Of Member's Voluntary Winding Up Of Axiata Investments 1 (india) Limited

BackDec 18, 2025

 

Type Announcement
Subject OTHERS
Description COMMENCEMENT OF MEMBER'S VOLUNTARY WINDING UP OF AXIATA INVESTMENTS 1 (INDIA) LIMITED

The Board of Directors of Axiata Group Berhad ("Axiata") wishes to announce that Axiata, had on 12 December 2025 commenced the Member’s voluntary winding up of Axiata Investments 1 (India) Limited (“AI1” or the “Company”) pursuant to the Companies Act 2001 of Mauritius. In relation thereto, Mr. Ravi Sookur of Manucci & Partners Ltd, 360 Pinewood Gardens, Wooton, Phoenix, 73643, Republic of Mauritius was appointed as the Liquidator for AI1.

 

The Member’s voluntary winding up of AI1 is expected to be completed approximately between six (6) to nine (9) months or a longer period subject to availability of Tax Clearance Letter from the tax authority.

 

Information on AI1


AI1 was incorporated in Mauritius on 3 June 1997. Its present stated capital is USD10,000.00 comprising 10,000 ordinary shares of par USD1 each.

 

Rationale for the Member’s Voluntary Winding Up


Since the completion on the disposal of the entire equity interest by AI1 in Vodafone Idea Limited in 2020, the company remains inactive. Axiata has no plan to have new investment in India in the future and the Management of AI1 has proposed for the Member’s voluntary winding up of the company.

 

Financial or Operational Effects of the Member’s Voluntary Winding Up


The Member’s voluntary winding up of AI1 will not have any financial or operational effects on Axiata Group.

 

Directors’ and/or Major Shareholders’ Interest


None of the Directors and/or major shareholders of Axiata and/or persons connected to them have any direct or indirect interest in the Member’s voluntary winding up of AI1.

 

This announcement is dated 18 December 2025. 

 


Announcement Info

Company Name AXIATA GROUP BERHAD
Stock Name AXIATA
Date Announced 18 Dec 2025
Category General Announcement for PLC
Reference Number GA1-18122025-00048

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