Vodafone To Sell 3% Stake In Indus Towers

Indus Towers block deal: UK's Vodafone Plc exits after Rs 2,802 crore stake sale
Vodafone PLC had announced plans to completely exit Indus Towers by offloading its remaining 3 percent stake in the company.
UK's Vodafone to sell remaining 3% stake in India's Indus Towers
Vodafone Group will sell its remaining 3% stake in Indian telecom infrastructure developer Indus Towers, the British telecom group said on Wednesday. The British firm said it has launched a placing of its remaining 79.
Vodafone to sell off last remnant of Indus Towers stake
Vodafone has been actively seeking to sell down its stake in Indus Towers since 2022, gradually reducing its stake from 28% to 21.5% earlier this year. In June, the company announced it was looking to sell a further 10% in the company, but a surge of interest saw them reconsider the scale of the stake sale.
Vodafone to sell 3% stake in Indus Towers to clear debt
British telecom company Vodafone will sell 3 per cent stake in Indus Towers to clear its debt of $101 million or about Rs 856 crore and use the residual amount to pay outstanding dues of its Indian venture Vodafone Idea.
Vodafone to Sell Remaining Stake in Indian Tower Company Indus
Vodafone Group Plc is to sell its remaining stake in India’s Indus Towers Ltd. after offloading $1.8 billion worth of shares in June.
Vodafone Idea, Indus Towers shares jump up to 5% around market closing time. Here's why
Vodafone PLC will sell its remaining 3% stake in Indus Towers to repay Vodafone Idea's debt. The proceeds may also be used to invest in Vi's new equity issue. This news boosted shares of both Vodafone Idea and Indus Towers.
Vodafone Group to Sell 3.0% of Indus Towers
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More. Back To Top
UK's Vodafone PLC To Sell 3% Stake In Indus Towers To Vodafone Idea Debt | Business News | ET Now
UK's Vodafone PLC To Sell 3% Stake In Indus Towers To Vodafone Idea Debt | Business News | ET Now#vodafoneplc #vodafoneidea #industowers #etnow #businessnews #topnews
Indus Towers stock rating: Citi says buy as Vodafone stake sale may yield dividend; check target price
Vodafone’s complete exit from the Indian towers company are likely to find its way back to Indus Towers shareholders as ...
Zee Business21m
Indus Towers Block Deals News: Vodafone Group to likely offload 3% stake
At the upper price band, this is a discount of 0.21 per cent from the previous day's close. Vodafone Group PLC holds equity ...
Stocks to Watch: Mazagon Dock, Indus Towers, Torrent Pharma, Hero MotoCorp, IGL, Metropolis Healthcare, and more
The following stocks are expected to be in focus during today's trading session: Indus Towers: Vodafone Group Plc will sell ...
cnbctv181h
How much dividend can Indus Towers pay shareholders post clearing of its dues?
Vodafone Idea's balance outstanding to Indus Towers stood at ₹3,500 crore. Indus Towers had recently paid ₹14 per share as dividend.
Stocks in news: Vodafone Idea, Indus Towers, Torrent Pharma, Bharat Forge, Indraprastha Gas
PG Electroplast launched a qualified institutional placement to raise up to Rs 1,500 crore. The indicative issue price is at ...
The Pioneer on MSN3h
Indus Towers 'Digital Transformation Van' launched in Jharkhand
One of the world's largest telecom infrastructure company, Indus Towers, has launched their Digital Transformation Van (DTV) in partnership with NIIT Foundation in Ranchi, Jharkhand. This initiative ...
cnbctv1812h
Indus Towers releases pledge on over 3% shares held by Vodafone promoters
These residual proceeds will be used to purchase equity in a fresh issuance of shares by Vodafone Idea, which will then use ...