While your guess is understandable, Sammer, it must also be appreciated that on many occasions the foreign investor often hoodwinks, mostly successfully, the authorities by circumventing the rules legally from a technical point of view, yet illegally from a practical point of view by creating stooges and virtual imaginations.
Here we have two Indians whose holding is highly questionable.
Let FIPB sort it out.
In any case, it would hardly be desirable for a communication company of Bharatvarsh owned by a foreigner.
It would be the best thing happening to the nation if voda is kept out.