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Vodafone Idea Limited

Vodafone Idea EGM

Vodafone Idea Shareholders Approve Issuance Of Rs 1,600 Crore Optionally Convertible Debentures To ATC

According to the voting results, overall 99.99 per cent of the votes were in favour of the special resolution

26 February 2023

Vodafone-Idea shares surged after the government approved conversion of over Rs 16,133 crore interest dues of the debt-ridden company into equity

Vodafone Idea Shares Surge 20% After Government Clears Conversion Of Debt To Equity 

After the conversion, which will take place at the price Rs 10 per share, the government will have a 33 per cent stake

06 February 2023

Vodafone and Idea

Government Clears Converting Rs 16,133 Crore Interest Dues Of Vodafone Idea Into Equity

Equity shares of face value of Rs 10 each will be issued to the government at the same price

03 February 2023

SEBI  (Securities and Exchange Board of India)

Urgent Need To Increase Level Of Self Governance: SEBI Official

VS Sundaresan, an executive director with the market watchdog SEBI, said that the cost of compliance has increased substantially of late

22 February 2023

Ashwini Vaishnaw

Decision Taken To Convert VIL Dues Into Equity After Firm Commitment From Aditya Birla Group: Vaishnaw

Throwing a lifeline to the troubled telco, the government has approved the conversion of over Rs 16,133 crore interest dues of Vodafone Idea into equity

04 February 2023

Vodafone

DoT To 'Activate' Conversion Of VIL Dues Into Equity After Seeing Firm Action On Fundraising

The nod from market regulator SEBI came in earlier this year for the dues-to-equity conversion, and the Telecom Department is ready to "take the plunge" once VIL takes some "positive action".

21 October 2022

Vodafone Idea

Government Gets 33.44% Stake In Vodafone Idea Post Equity Allocation

The shares have been allocated to the government in lieu of conversion of interest dues arising from deferment of adjusted gross revenue and spectrum auction payments

07 February 2023

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Vodafone-Idea Losses Narrow In Q1 As Tariff Hikes Boost Realisation

The company informed that Ravinder Takkar will take over as Chairman with effect from August 19 and that Himanshu Kapania will step down as non-executive Chairman

03 August 2022

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20 June 2022
VIL Board Meeting On Jun 22 To Consider Up To Rs 500 Crore Fundraising From Voda Group

VIL Board Meeting On Jun 22 To Consider Up To Rs 500 Crore Fundraising From Voda Group

The fundraising will be through the issuance of equity shares or convertible warrants on a preferential basis to one or more entities belonging to Vodafone...


30 May 2022
Govt Allots Rs 3,683 Crore Project To Jio, Airtel For 4G Services In Uncovered Villages

Govt Allots Rs 3,683 Crore Project To Jio, Airtel For 4G Services In Uncovered Villages

Under the project, Bharti Airtel will install 1,083 mobile towers with an expenditure of Rs 847.95 crore in Jharkhand and Maharashtra and Reliance Jio will...


26 May 2022
SEBI Exempts Government From Making Open Offer To Vodafone Idea Limited Shareholders

SEBI Exempts Government From Making Open Offer To Vodafone Idea Limited Shareholders

In a nine-page order, Sebi said the acquisition of a shareholding in VIL by the Government of India (GoI) is proposed with the sole intent of saving the larger...


13 May 2022
Vodafone Idea Debt A Challenge; Fundraise Critical For Competitiveness: Analysts

Vodafone Idea Debt A Challenge; Fundraise Critical For Competitiveness: Analysts

VIL expects the government to complete the conversion of around Rs 16,100 crore dues into 33 per cent stake in the company in the coming weeks.


13 May 2022
Govt's Rs 16K Crore Dues Conversion Into 33% Stake To Be Completed In Coming Weeks: VIL CEO

Govt's Rs 16K Crore Dues Conversion Into 33% Stake To Be Completed In Coming Weeks: VIL CEO

Vodafone Idea CEO Ravinder Takkar said as part of the telecom reforms package, the company has opted for converting government dues into equity and its...


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11 May 2022
Vodafone Idea Surges 4% After March Quarter Earnings

Vodafone Idea Surges 4% After March Quarter Earnings

The stock jumped 3.31 per cent to Rs 9.03 during the day on the BSE. However, later it gave up early gains and settled at Rs 8.65 apiece, down 1.03 per...


31 March 2022
Vodafine-Idea To Raise Rs 4,500 Crore By Share Allotment To 3 Promoter Companies

Vodafine-Idea To Raise Rs 4,500 Crore By Share Allotment To 3 Promoter Companies

The telecom operator had earlier this month announced Rs 14,500 crore fundraising plans, where promoters would inject Rs 4,500 crore.


27 March 2022
Vodafone Idea Shareholders Approve Rs 14,500 Crore Fundraise Proposal

Vodafone Idea Shareholders Approve Rs 14,500 Crore Fundraise Proposal

Vodafone Idea (VIL) had placed special resolution of the issue of equity shares worth Rs 4,500 crore to the group firms of promoters Vodafone and Aditya Birla...


25 February 2022
Bharti Airtel To Buy 4.7% Stake In Indus Towers From Vodafone Idea

Bharti Airtel To Buy 4.7% Stake In Indus Towers From Vodafone Idea

Debt-ridden Vodafone Idea (VIL) has been unable to pay dues of Indus Towers, and both VIL and promoter Vodafone has proposed a payment plan to clear the...


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