Ministry of Communications, Government of India has decided to change the arrears of Vodafone Idea Limited Spectrum auction According to the exchange filing on Sunday, March 30, arrears in equity shares, its share in the firm increased by 48.99 percent.
“It has been reported that the Ministry of Communications, Government of India, has decided to change the outstanding spectrum auction dues to the reforms of September 2021 and the support package for the telecom sector, which includes the deferred outstanding dues after the end of the period of the sub -institution, which is to be issued to the government of the company to release the government of the company. Vodafone idea In BSE filing.
According to filing data, 36,950 crore is to be converted into 3,695 equity shares with a marked price 10 Apis. The Indian government’s stake in the telecom operator will increase its current level from 22.60 percent to about 48.99 percent after the issue of equity shares.
“The total amount converted into equity shares is Rs 36,950 crore. The company has been directed to issue 3,695 crore equity shares of inscribed price. 10/- each on an issue of each 10/- within a period of 30 days of issuing necessary orders from the authorities related to each Securities and exchange board“Vodafone Idea said.
Vodafone idea share price
Vodafone Idea shares closed down by 1.73 percent 6.81 after Friday Stock market Compared to session on 28 March 6.93 closed in the last market.
Stock is currently trading above low levels of its 52-week On November 22, 2024, 6.60, while the 52-week had a high level According to BSE data, June 28, 2025 on 19.15.
Vodafone Idea shares have given Stock market investor More tan 116 percent returns in the last five years. However, the stock has lost 51.43 percent over the last one year period. Depending on a year-on-year-by-Tarikh (YTD), Vodafone Idea Stock 2025 lost 15.09 percent.
Vodafone Idea shares jumped about 5 percent on March 19 after the launch of its 5G services in Mumbai on 19 March.
“With this rollout, Vodafone idea is ready to increase mobile experience with wider coverage in competitive pricing,” the company said in the exchange filing.
The company has also planned to invest As aimed at expanding its 4G network coverage area to reach 90 percent of the Indian population as 50,000-55,000 crore in the next three years.
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