Vodafone Idea plans to raise about Rs 45,000 crore via equity, debt

Vodafone Idea plans to raise up to Rs 20,000 crore through equity and equity-linked instruments. Promoters, bankers, and counsels will participate. Debt funding will follow for 4G and 5G expansion. Positive operational developments expected for government holding and Vodafone Plc.

Feb 27, 2024 - 17:00
Vodafone Idea plans to raise about Rs 45,000 crore via equity, debt
Vodafone Idea plans to raise up to Rs 20,000 crore through equity and equity-linked instruments. Promoters, bankers, and counsels will participate. Debt funding will follow for 4G and 5G expansion. Positive operational developments expected for government holding and Vodafone Plc.