
Vodafone Idea plans to issue 139.5 crore equity shares to Aditya Birla Group at Rs 14.87 per share, raising Rs 2,075 crore. The board has approved this preferential issue and is in talks with investors to raise a total of Rs 20,000 crore. Additionally, Vodafone Idea is set to launch a Rs 18,000-crore FPO next week, with a potential 'significant discount' in the Rs 20,000 crore FPO.
Vodafone Idea FPO: Troubled telco looks to raise ₹18000-20000 crore next week https://t.co/D88napL2h2 https://t.co/w0TimM0Zhu
#VodafoneIdea's Rs 20,000 crore #FPO likely to open next week https://t.co/oCD5ERX1l0
India's largest? Rs 20,000 cr Vodafone Idea FPO: Vi to get a new connection? KM Birla’s BIG fundraise plans https://t.co/ea2NjhqGwG
