Vodafone Idea rises on getting nod to raise up to Rs 1,600 crore from ATC Telecom Infrastructure

Vodafone Idea Ltd. | Telecommunication - Service Provider | Telecom | BSE: 532822 | NSE: IDEA

25 Oct 2022 Evaluate

Vodafone Idea is currently trading at Rs. 8.72, up by 0.03 points or 0.35% from its previous closing of Rs. 8.69 on the BSE.

The scrip opened at Rs. 8.67 and has touched a high and low of Rs. 8.78 and Rs. 8.63 respectively. So far 46904309 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 16.79 on 13-Dec-2021 and a 52 week low of Rs. 7.75 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 8.87 and Rs. 8.45 respectively. The current market cap of the company is Rs. 28039.75 crore.

The promoters holding in the company stood at 74.99%, while Institutions and Non-Institutions held 5.04% and 19.97% respectively.

Vodafone Idea’s board has approved a proposal to raise up to Rs 1,600 crore from mobile tower company ATC Telecom Infrastructure. The Board of Directors of the company at its meeting held on October 21, 2022 approved issuance of up to 16,000 Indian Rupee denominated optionally convertible, unsecured, unrated and unlisted debentures having a face value of Rs 10,00,000 each, in one or more tranches, aggregating up to Rs 1,600 crore, convertible into equity shares at a conversion price of Rs 10 per equity share, to ATC Telecom Infrastructure.

The optionally convertible, unlisted, unsecured and unrated debentures (OCDs) will carry a coupon rate of 11.2 per cent per annum, payable semi-annually during its term.

Vodafone Idea is an Aditya Birla Group and Vodafone Group partnership. It is developing world-class infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence.

Vodafone Idea Share Price

11.25 0.01 (0.09%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bharti Airtel	1834.90
Vodafone Idea	11.25
Indus Towers	404.85
Tata Communications	1590.80
Bharti Hexacom Ltd.	1498.20
View more..

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