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Tag: equity conversion

Home›Posts Tagged "equity conversion"
  • vodafone idea secures lifeline
    Business
    By Business Writer
    March 31, 2025
    1606
    0

    Vodafone Idea Secures Lifeline: Government Converts Rs 36,950 Crore Dues Into Equity

    Of this, 36,950 crore rupees of the dues accrued by Vodafone Idea (Vi) have been converted into equity by the Indian government. As a result, the stake has jumped from 23% to nearly 49%. Vodafone Idea will now issue 369.5 crore shares at the price of Rs 10 per share. This will be close to ...
    Read More
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