Corporate News     19-Jul-24
Vodafone Idea concludes preferential issue of shares for Rs 2,458 cr
Vodafone Idea has allotted 41,52,02,701 equity shares of Rs 10 each at an issue price of Rs 14.80 per share in fourth tranche to Nokia Solutions and Networks India (25,67,56,756 equity shares) and Ericsson India (15,84,45,945 equity shares), vendors (non-promoter) of the Company, aggregating to Rs. 614.5 crore, on a preferential basis.

Consequent to the aforesaid allotment of equity shares in the Offer, the paid-up equity share capital of the Company stands increased to Rs 696,996,945,760 comprising of 69,699,694,576 equity shares of the face value of Rs. 10/- each.

With the aforesaid allotment of fourth tranche, the entire preferential issuance of 16,608,10,804 equity shares at an issue price of Rs. 14.80 per share, aggregating to Rs. 2,458 crore, as approved by the Board and shareholders, is now complete.

Previous News
  Vodafone Idea
 ( Results - Analysis 13-Aug-24   04:52 )
  Vodafone Idea FPO subscribed 0.18 times
 ( IPO Centre - IPO News 18-Apr-24   15:31 )
  Nifty May futures trade at premium
 ( Market Commentary - Futures Market 24-May-24   16:13 )
  Vodafone Idea schedules EGM
 ( Corporate News - 29-Feb-24   11:39 )
  Vodafone Idea concludes preferential issue of shares for Rs 2,458 cr
 ( Corporate News - 19-Jul-24   18:46 )
  Vodafone Idea partners with HCLSoftware
 ( Corporate News - 14-Jan-25   14:51 )
  Vodafone Idea alters redemption period for OCDs allotted to ATC Telecom Infrastructure
 ( Corporate News - 28-Aug-23   08:37 )
  Vodafone Idea Executive Management changes
 ( Corporate News - 03-Jan-24   11:19 )
  HFCL Ltd Surges 5.04%
 ( Hot Pursuit - 18-Sep-23   09:30 )
  Vodafone Idea reports consolidated net loss of Rs 6609.30 crore in the December 2024 quarter
 ( Results - Announcements 12-Feb-25   07:37 )
  Vodafone Idea allots 1.31 lakh equity shares under ESOS
 ( Corporate News - 29-Jan-24   21:28 )
Other Stories
  Clean Science & Technology invests Rs 50 cr in Clean Fino-Chem
  22-Apr-25   19:18
  JK Paper acquires majority stake in Quadragen Vethealth
  22-Apr-25   19:15
  Ugro Capital allots commercial paper of Rs 25 cr
  22-Apr-25   19:13
  Garware Marine Industries EGM scheduled
  22-Apr-25   17:27
  Board of AU Small Finance Bank recommends final dividend
  22-Apr-25   17:20
  Cenlub Industries to hold board meeting
  22-Apr-25   17:20
  J B Chemicals & Pharmaceuticals schedules board meeting
  22-Apr-25   17:20
  Ajanta Pharma to discuss results
  22-Apr-25   17:19
  Board of Tata Communications recommends final dividend
  22-Apr-25   17:19
  Agri-Tech (India) schedules board meeting
  22-Apr-25   17:19
Back Top