{"id":191699,"date":"2024-12-09T19:43:04","date_gmt":"2024-12-09T19:43:04","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/12\/09\/vodafone-idea-to-raise-rs-1980-crore-via-preferential-shares-to-vodafone-group-times-of-india\/"},"modified":"2024-12-09T19:43:04","modified_gmt":"2024-12-09T19:43:04","slug":"vodafone-idea-to-raise-rs-1980-crore-via-preferential-shares-to-vodafone-group-times-of-india","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/12\/09\/vodafone-idea-to-raise-rs-1980-crore-via-preferential-shares-to-vodafone-group-times-of-india\/","title":{"rendered":"Vodafone Idea to raise Rs 1,980 crore via preferential shares to Vodafone group &#8211; Times of India"},"content":{"rendered":"<div style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"225\" src=\"https:\/\/i2.wp.com\/static.toiimg.com\/thumb\/msid-116145919,imgsize-1354884,width-400,resizemode-4\/116145919.jpg?fit=400,225&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Vodafone Idea to raise Rs 1,980 crore via preferential shares to Vodafone group &#8211; Times of India\" title=\"Vodafone Idea to raise Rs 1,980 crore via preferential shares to Vodafone group &#8211; Times of India\" \/><\/div><p> <br \/>\n<\/p>\n<div data-articlebody=\"1\">\n<div class=\"_s30J clearfix  \">\n<div class=\"MwN2O\">\n<div class=\"T22zO\">\n<section class=\"D3Wk1  clearfix id-r-component leadmedia undefined undefined  VtlfQ\" style=\"top:0px\">\n<div class=\"D3Wk1\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"zPaFh\">\n<div class=\"wJnIp\"><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<p>NEW DELHI: Ailing telecom operator <!-- -->Vodafone Idea<!-- --> on Monday said its board approved the issuance of up to 175.5 crore shares on a preferential basis to <!-- -->Vodafone Group<!-- --> entities to raise up to Rs 1,980 crore. The debt-ridden telco pegged the issue price at Rs 11.28 per equity share.<br \/>&#8220;&#8230;Board of&#8230;Vodafone Idea Limited at its meeting held today, December 9, 2024, approved&#8230;issuance of up to 1,755,319,148 <!-- -->equity shares<!-- --> of face value of Rs 10 each at an issue price of Rs 11.28 per equity share (including a premium of Rs 1.28 per equity share) for an aggregate consideration of up to Rs 1,980 crore on a preferential basis to Omega Telecom Holdings Private Limited (up to Rs 1,280 crore) and Usha Martin Telematics Limited (up to Rs 700 crore), Vodafone Group entities and promoters of the company&#8230;,&#8221; VIL said in a BSE filing.<br \/>The relevant date for determining the floor price of the preferential issue is December 6, 2024, the company said.<br \/>An extraordinary general meeting of the company would be held on January 7 next year to approve the matter.<\/div>\n<\/div>\n<p><script>\nvar _mfq = window._mfq || [];\n_mfq.push([\"setVariable\", \"toi_titan\", window.location.href]);\n!(function(f, b, e, v, n, t, s) {\n    function loadFBEvents(isFBCampaignActive) {\n      if (!isFBCampaignActive) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        if (f.fbq) return;\n        n = f.fbq = function() {\n          n.callMethod ? n.callMethod(...arguments) : n.queue.push(arguments);\n        };\n        if (!f._fbq) f._fbq = n;\n        n.push = n;\n        n.loaded = !0;\n        n.version = '2.0';\n        n.queue = [];\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/connect.facebook.net\/en_US\/fbevents.js', n, t, s);\n      fbq('init', '593671331875494');\n      fbq('track', 'PageView');\n    };\n    function loadGtagEvents(isGoogleCampaignActive) {\n      if (!isGoogleCampaignActive) {\n        return;\n      }\n      var id = document.getElementById('toi-plus-google-campaign');\n      if (id) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        t.id = 'toi-plus-google-campaign';\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/www.googletagmanager.com\/gtag\/js?id=AW-877820074', n, t, s);\n    };\n    function loadSurvicateJs(allowedSurvicateSections = []){\n      const section =  window.location.pathname.split('\/')[1]\n      const isHomePageAllowed = window.location.pathname === '\/' && allowedSurvicateSections.includes('homepage')\n      if(allowedSurvicateSections.includes(section) || isHomePageAllowed){\n        (function(w) {\n         function setAttributes() {\n                    var prime_user_status = window.isPrime ? 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The debt-ridden telco pegged the issue price at Rs 11.28 per equity share.&#8220;&#8230;Board of&#8230;Vodafone Idea Limited at its meeting [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":191700,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/static.toiimg.com\/thumb\/msid-116145919,imgsize-1354884,width-400,resizemode-4\/116145919.jpg","fifu_image_alt":"","footnotes":""},"categories":[604],"tags":[289,1955,94870,35395,659,17652,273,150230,4605,1253,30386,272,23665,69473,27036],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/191699"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=191699"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/191699\/revisions"}],"predecessor-version":[{"id":191701,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/191699\/revisions\/191701"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/191700"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=191699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=191699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=191699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}