Indian telco Vodafone Idea to raise $234 mln via share issue
Vodafone Idea will raise up to 19.80 billion rupees ($233.8 million) through the issue of preferential shares, the Indian telecom company said on Monday.
Big worry for Mukesh Ambani as Vodafone Idea plans to raise Rs 20000000000 in order to...
Vodafone Idea is seeking to stabilize its financial position, improve operational liquidity, and set the stage for long-term growth in the competitive telecom sector.
Vodafone Idea shares in focus today as board approves raising of funds
Shares of Vodafone Idea fell 0.25% to Rs 8.10 on BSE on Monday. Market cap of the firm stood at Rs 56,456 crore.
Vodafone Idea share price Highlights: Telecom firm to raise ₹1,980 crore via preferential issue to Vodafone Group entities
Telecom firm Vodafone Idea Ltd on Monday (December 9) said its board of directors has approved a preferential issuance of equity shares to raise up to ₹1,980 crore. The issuance includes up to 1,755,319,
Vodafone Idea shares edge higher ahead of board meeting to consider fundraise
The telecom company looks to raise ₹2,000 crore by issuing equity shares or convertible securities to promoter entities.
Vodafone Idea To Raise Rs 1,980 Crore From UK Parent Via Share Sale
Vodafone Idea Ltd.'s board has approved the issue of 175 crore equity shares at Rs 11.28 per share to Omega Telecom Holdings and Usha Martin Telematics
Vodafone Idea to issue shares worth ₹1,980 crore to promoter entities at 39% premium
Vodafone Idea had raised over ₹18,000 crore through India's largest Follow-on Public Offer (FPO) on record. The stock also went on to make a high of ₹19 this year, but has since corrected nearly 60% from those levels.
Vodafone Idea board approves raising ₹1,980 crore via share sale
Vodafone Idea's plans to raise up to ₹1,980 crore via a preferential share sale have been approved by the board. The shares will be sold to entities within its UK parent company Vodafone Group Plc. The decision,
Indian telco Vodafone Idea to raise $234 million via share issue
Vodafone Idea will raise up to 19.80 billion rupees ($233.8 million) through the issue of preferential shares, the Indian telecom company said on Monday. Vodafone Idea said it will issue shares to Vodafone Group entities Omega Telecom Holdings and Usha Martin Telematics worth up to 12.
Vodafone Idea share: Vi stock rises on Rs 1980 cr fund raise approval
Shares of Vodafone Idea surged 2.6% after the debt-ridden telecom company's Board gave its approval for raising Rs 1980 crore from its promoter Vodafone Group Plc. The funds will likely be used by the company to clear a portion of its dues to Indus Towers.
Vodafone Idea share price likely to be in focus today; here's why
Vodafone Idea share price could be in focus today as the company announced raising funds up to ₹1,980 crore by issuing 175.53 crore shares at ₹11.28 each to Vodafone Group entities. This move is expected to boost the company's financial standing amidst ongoing challenges.
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Vodafone Idea Share Price Highlights : Vodafone Idea closed today at ₹8.08, down -0.25% from yesterday's ₹8.1
12 min read. Updated: 10 Dec 2024, 08:02 PM IST ...
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Stocks to Watch: Vodafone Idea, NHPC, Torrent Power, BEL, Bajaj Finserv, and more
Here’s a quick look at stocks likely to be in focus in today's trade. Vodafone Idea: Vodafone Idea announced that its board ...