Vodafone Idea will be holding an Extraordinary General Meeting on Tuesday, 7 January 2025 to seek approval of the Members of the Company on the preferential issue of shares. In an exchange filing, Vodafone Idea said that the resolution will be sought on the issuance of shares on a preferential basis to two promoters of the company,

For 5G, launch and expansion of services in key cities and geographies. (The) capacity expansion will address the increasing data demand,” Vi said.

Vodafone Idea also plans an expansion of 4G population coverage in 17 priority circles to improve competitiveness.

Vodafone Idea share price saw a significant recovery on December 13, rising up to 5 per cent from an intraday low of ₹7.68, despite market volatility.

Vodafone Idea will raise up to 19.80 billion rupees ($233.8 million) through the issue of preferential shares, the Indian telecom company said on Monday.

Vodafone Idea shares are once again under the spotlight as its board prepares to consider a proposal to raise up to Rs. 2,000 crore from Vodafone Group entities.

Telecom firm Vodafone Idea board on December 9 approved issuance of up to 176 crore shares on preferential basis to raise Rs 1,980 crore.

Vodafone Idea's plans to raise up to ₹1,980 crore via a preferential share sale have been approved by the board. The shares will be sold to entities within its UK parent company Vodafone Group Plc. The decision,

Vodafone Idea Limited announced on December 4, 2024, that its board will meet on December 9 to consider a ₹2,000 crore fundraising proposal through preferential issuance of equity shares or convertible securities.

Shares of Vodafone Idea surged 2.6% after the debt-ridden telecom company's Board gave its approval for raising Rs 1980 crore from its promoter Vodafone Group Plc. The funds will likely be used by the company to clear a portion of its dues to Indus Towers.