Hot Pursuit     05-Dec-24
Vodafone Idea to mull fundraising upto Rs 2,000 cr
Vodafone Idea informed its board is scheduled to meet on Monday, 9 December 2024, to consider proposal for raising of funds on a preferential basis not exceeding Rs 2,000 crore.
The company may issue equity shares and/or convertible securities to one or more entities belonging to Vodafone Group (one of the promoters of the company).

Vodafone Idea is an Aditya Birla Group and Vodafone Group partnership. It is among India's leading telecom service provider. The company provides pan India voice and data services across 2G, 3G and 4G platforms. The company holds large spectrum portfolio including mid band 5G spectrum in 17 circles and mmWave 5G spectrum in 16 circles.

The telecom service provider's consolidated net loss narrowed to Rs 7,175.9 crore in Q2 FY25 compared with net loss of Rs 8,737.9 crore in Q2 FY24. Revenue from operations rose 2.01% YoY to Rs 10,932.2 crore in Q2 September 2024.

The scrip slipped 3.92% to currently trade at Rs 8.08 on the BSE.

Previous News
  Vodafone Idea receives upgrade in credit ratings
 ( Corporate News - 21-Apr-25   19:15 )
  Vodafone Idea allots shares worth Rs 36,950 crore to Govt of India
 ( Hot Pursuit - 09-Apr-25   11:35 )
  Vodafone Idea allots 3695 cr equity shares to Govt. of India
 ( Corporate News - 08-Apr-25   19:45 )
  Vodafone Idea Ltd leads gainers in 'A' group
 ( Hot Pursuit - 01-Apr-25   12:00 )
  Vodafone Idea spurts as govt to convert spectrum dues into equity at Rs 10/shr
 ( Hot Pursuit - 01-Apr-25   10:00 )
  Vodafone Idea jumps on launching 5G in Mumbai
 ( Hot Pursuit - 19-Mar-25   11:00 )
  Vodafone Idea launches 5G services in Mumbai
 ( Corporate News - 19-Mar-25   09:18 )
  Vodafone Idea
 ( Results - Analysis 12-Feb-25   06:32 )
  Vodafone Idea posts net loss of Rs 6,609 crore in Q3 FY25; ARPU up 4.7% QoQ to Rs 173
 ( Hot Pursuit - 12-Feb-25   12:34 )
  Stock Alert: Birlasoft, Berger Paints, Vodafone Idea, IRCTC
 ( Market Commentary - Stock Alert 12-Feb-25   08:35 )
  Vodafone Idea reports consolidated net loss of Rs 6609.30 crore in the December 2024 quarter
 ( Results - Announcements 12-Feb-25   07:37 )
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