Telecom Vodafone Operator Ideas (VI) on Thursday announced that the council had approved the issuance of equity and raised funds from promoters and promoter groups at a price of ₹ 13.30 per share equity (including premiums ₹ 3.30 per share), Aggregate to all over ₹ 4,500 Crore.
“The company’s board of directors considers and approved the allotment of 3,38,34,58,645 equity shares of RS.10 / – each for cash at more than Rs.13.30 per share equity (including RS premiums. 3.30 per share equity), aggregate to Rs. 4,500 crore, “VI was informed in the exchange of exchanges.
The company said it had allocated equity shares to three promoters, namely, 1,96,66,35,338 shares for the euro Pacific Securities with a preferential base, while 57.09.58.646 shares to the main metal and remaining 84.66,661 investment shares. The Company’s shareholders agreed to the special issuance settlement which was forwarded at the Extra-Ordinary General Meeting held on March 26, 2022.
The company added that “after allotment of equity stocks, equity stock capital was deposited from the company standing up to RS. 3,21,18,84,78,850 / – consisting of 32.11.88.47.885 Equity shares in the nominal value of RS.10 / – each -Masing The idea of Vodafone’s idea traded more than one penny higher at ₹ 9.9 each at BSE in a Thursday afternoon offer.