Vodafone Idea news

2024 - 4 - 7

Vodafone Idea's Massive Fundraising Moves Spark Investor Interest

Aditya Birla Group - Financial Strategies - Nestle India - Stock Market - Tata Steel - Telecom Sector - Vodafone Idea

Vodafone Idea's strategic moves to raise funds from Aditya Birla Group are making waves in the telecom industry!

In a bold financial move, Vodafone Idea has announced the allotment of shares worth a staggering ₹2075 crore to a group entity, with each share priced at ₹14.87, surpassing the previous day's closing price. The telecom giant is set to conduct an extraordinary general meeting on May 8, seeking crucial approval from shareholders for this significant development.

Amidst its efforts to reduce debt and enhance capital expenditure, Vodafone Idea is planning a massive ₹20000 crore share sale, depicting a proactive approach to strengthen its financial position. The recent approval from the board to raise funds marks a pivotal moment for the debt-laden telecom firm, signaling a strategic partnership with the Aditya Birla Group.

Notably, Vodafone Idea's shares have yielded a substantial return of 22% to investors in the past six months, showcasing positive market performance. Over the last year, the company has witnessed an impressive surge of 117%, reflecting growing investor confidence and potential for future growth.

As the telecom sector continues to evolve rapidly, Vodafone Idea's strategic decisions highlight its commitment to financial stability and growth, attracting significant attention from investors anticipating the company's future trajectory. The partnership with Aditya Birla Group underscores a promising step towards revitalizing Vodafone Idea's market position and navigating through challenging industry dynamics with resilience and innovation.

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Image courtesy of "Livemint"

Vodafone Idea allots shares worth ₹2075 cr to group entity | Mint (Livemint)

The issue price of the shares is ₹14.87 apiece, higher than the closing price of ₹13.36 on the BSE on Friday.

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Image courtesy of "Hindustan Times"

Vodafone Idea to raise ₹2075 crore from Aditya Birla Group, gets ... (Hindustan Times)

The telecom operator will hold an extraordinary general meeting (EGM) on May 8 to seek shareholders' approval.

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Image courtesy of "The Economic Times"

Vodafone Idea board clears raising Rs 2075 cr from Aditya Birla ... (The Economic Times)

On Saturday, Vodafone Idea's board approved raising Rs 2075 crore from an Aditya Birla Group entity through a preferential share issue, crucial for the ...

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Image courtesy of "Business Today"

Vodafone Idea secures board approval to get Rs 2075 cr from Aditya ... (Business Today)

This issuance includes a premium of Rs. 4.87 per equity share, amounting to a total of Rs. 2075 crores.

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Image courtesy of "The Hindu BusinessLine"

Vodafone Idea's ₹20000 crore share sale to hit market soon ... (The Hindu BusinessLine)

Vodafone Idea plans Rs ₹20000 crore share sale to reduce debt burden and boost capex, with strong investor interest.

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Image courtesy of "Business Standard"

Voda Idea gets board nod to raise Rs 2075 cr from Aditya Birla group (Business Standard)

Debt-ridden telecom firm Vodafone Idea on Saturday said its board has approved raising of Rs 2075 crore from promoter Aditya Birla group and increasing its ...

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Image courtesy of "Moneycontrol.com"

Vodafone Idea gets board approval to raise Rs 2075 cr from Aditya ... (Moneycontrol.com)

The telecom company's board approved the sale of up to 139.5 crore shares to Oriana Investments Pte. Ltd at a price of Rs 14.87 per share.

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Image courtesy of "दैनिक जागरण"

Aditya Birla Group से 2075 करोड़ रुपये जुटाएगी Vodafone Idea, क्या ... (दैनिक जागरण)

वोडाफोन आइडिया के शेयर ने पिछले 6 महीने में निवेशकों को 22 प्रतिशत का रिटर्न दिया है। पिछले एक साल में इसमें 117 प्रतिशत का उछाल आया ...

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Image courtesy of "Business Standard Hindi"

Vodafone Idea को मिली बोर्ड से मंजूरी, Aditya Birla Group से जुटाएगी ... (Business Standard Hindi)

वित्तीय संकट के दौर से गुजर रही टेलीकॉम कंपनी Vodafone Idea (VI) के बोर्ड ने प्रमोटर आदित्य बिड़ला ग्रुप से ₹2075 करोड़ जुटाने के ...

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Image courtesy of "Zee Business हिंदी"

Vodafone Idea ने दी बड़ी जानकारी, सोमवार को शेयरों में दिख सकता है एक्शन (Zee Business हिंदी)

Vodafone Idea: बोर्ड ऑफ डायरेक्टर्स ने ओरियाना इन्वेस्टमेंट्स (Oriana Investments) को 14.87 रुपये प्रति इक्विटी शेयर की दर से 10 रुपये फेस ...

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Image courtesy of "मनी कंट्रोल"

Vodafone Idea को मिली इजाजत, Aditya Birla Group से जुटाएगी 2075 ... (मनी कंट्रोल)

Vodafone Idea का एनएसई पर शेयर प्राइज 13.35 रुपये था पिछले 6 महीने में स्टॉक में 22 फीसदी का उछाल देखने को मिला है और पिछले एक साल में ...

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Image courtesy of "Sarkaritel.com"

Vodafone Idea to make preferential issue of shares to Aditya Birla ... (Sarkaritel.com)

Earlier in February, the Board of Directors of Vodafone Idea approved a fundraise of up to Rs 20,000 crores via a combination of equity and or equity-linked ...

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Image courtesy of "The Statesman"

Vodafone Idea to raise Rs 2075 crore from promoter Aditya Birla group (The Statesman)

The board of directors of Vodafone Idea on Saturday approved a preferential issue of shares to an Aditya Birla Group entity to the tune of Rs 2075 crores.

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Image courtesy of "Business Today"

Stocks in news: Tata Steel, Vodafone Idea, Adani Wilmar, Wipro ... (Business Today)

Vodafone Idea has received approval from the board of directors for raising of up to Rs 2075 crore from Oriana Investments, an Aditya Birla Group entity.

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Image courtesy of "Moneycontrol.com"

Buzzing Stocks: Adani Wilmar, Tata Steel, Vodafone Idea, BSE, JSW ... (Moneycontrol.com)

Stocks to watch: Check out the companies making headlines before the opening bell today, on April 8, 2024.

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Image courtesy of "The Economic Times"

Stocks in news: Stocks in news: Nestle India, Titan, Vodafone Idea ... (The Economic Times)

The Board of Nestle India approved paying a royalty fee to its parent company Nestle S.A. The payment will be made at a rate of up to 5.25% of total net ...

Tata Steel, Titan Company, Vodafone Idea, Union Bank of India in ... (Business Standard)

Tata Steel: The steel major's India business reported 4.46% increase in crude steel production to 5.38 million tons in Q4 FY24 as compared with 5.15 million ...

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Image courtesy of "Financial Express"

Stocks To Watch: Wipro, Vodafone Idea, ZEE, Titan, Adani Wilmar ... (Financial Express)

GIFT Nifty showed a gain of 52.50 points or 0.23% at 22674, signaling a positive start for the domestic indices NSE Nifty 50. Here are the key stocks to ...

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Image courtesy of "Moneycontrol.com"

Vodafone Idea gains on board nod to raise Rs 2075 crore from ... (Moneycontrol.com)

Vodafone Idea will fun raise up to Rs 2075 crore from Oriana Investments, an Aditya Birla Group entity.

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Image courtesy of "Fortune India"

Aditya Birla Group to infuse ₹2075 crore in Vodafone Idea; telecom ... (Fortune India)

The board of Vi has approved an issuance of up to 139.5 crore equity shares at an issue price of ₹14.87 per equity share to Oriana Investments.

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Image courtesy of "Zee Business"

Vodafone Idea stock slides after its Board issues 139.50 cr shares (Zee Business)

Informing about decisions taken in its Board of Directors meeting on April 6, Vodafone Idea said- issuance of up to 1395427034 Equity Shares of face value ...

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