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Vodafone Idea launches rights issue of INR 250 billion

Thursday 21 March 2019 | 07:34 CET | News
The board of directors of Indian operator Vodafone Idea has approved a rights issue to the eligible shareholders of the company for an amount up to INR 250 billion. The company will issue 20 billion shares at a price of INR 12.5 per share. The rights entitlement is determined as 87 equity shares for 38 shares held by the eligible shareholders. The issue will open on 10 April and will close on 24 April.

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Categories: Mobile & Wireless
Companies: Vodafone Group / Vodafone Idea
Countries: India
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