India  

Vodafone Idea shares up 19% as government raises stake to 48.99%

IndiaTimes Tuesday, 1 April 2025
Vodafone Idea's shares surged 19.41% as the government converted Rs 36,950 crore of spectrum dues into equity, increasing its stake to 48.99%. This move is seen as crucial support, reducing the firm's financial obligations.
0
shares
ShareTweetSavePostSend
 

You Might Like


Related news from verified sources

Government exempted from open offer in Voda Idea

Sebi exempts the Indian government from making an open offer to Vodafone Idea shareholders, as the government plans to acquire over 34% stake by converting...
IndiaTimes