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NewspapersTelecomThe Telegraph

VIL to issue shares to Vodafone Group for Rs 1,980 crore in preferential allotment

Binu Mathew
By Binu MathewDecember 11, 2024

The board of Vodafone Idea Ltd (VIL) on Monday approved a proposal to issue up to 175.53 crore shares on a preferential basis to Vodafone Group entities for ₹1,980 crore at ₹11.28 apiece.

The VIL share on Monday closed 0.12 per cent lower at ₹8.10 on the BSE. At close it had a market cap of ₹56,456.85 crore.

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