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Vodafone Idea to raise Rs 18,000 crore via follow-on offer
Credit: IndiaTimes- Published on April 12, 2024
Vodafone Idea plans Rs 18,000 crore FPO at Rs 10-11/share, surpassing Yes Bank's record. Aiming to boost market position, address debt, and prepare for 5G rollout amidst subscriber losses and quarterly challenges.
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Vodafone Idea has announced a further public offering of shares worth Rs 18,000 crore from April 18-22, priced between Rs 10-11 per share. The decision follows a...
on April 12, 2024 • IndiaTimes