Vodafone Idea raises Rs 1,182.5 crore after allotting 430 crore warrants to Aditya Birla group entity
MUMBAI: Vodafone Idea Limited (Vi) on Monday said it has allotted 430 crore warrants to Suryaja Investments Pte. Ltd., a promoter group company of the Aditya Birla Group, raising Rs 1,182.5 crore upfront.
The company said in an exchange filing that the allotment was approved by its Capital Raising Committee on June 22, 2026.
The warrants have been issued on a preferential basis at Rs 11 per warrant. Suryaja Investments has paid 25% of the issue price, or Rs 2.75 per warrant, resulting in an immediate inflow of Rs 1,182.5 crore.
