New Delhi, Aug. 25 -- Vodafone Idea on Tuesday clarified to the stock exchanges that the recent Delhi High Court directive ordering a Rs.53.09 crore income tax refund pertains to a routine tax matter. The company stated that the amount involved does not cross the materiality threshold required for formal disclosure under Regulation 30 of the SEBI Listing Regulations.

"We wish to clarify that the matter referred to in the said news article pertains to a routine income tax matter. Further, the amount involved in the matter does not exceed the materiality threshold requiring disclosure under Regulation 30 of SEBI Listing Regulations," the company said in its filing.

The clarification came after the stock exchanges sought an explanation fro...