SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Vodafone Idea gets funding assurance of up to Rs 2,000 crore from promoter group

16 Aug 2023 Evaluate

Vodafone Idea has received funding assurance of up to Rs 2,000 crore from a promoter group entity.  The company has reported gross debt of Rs 2.11 lakh crore as on June 30, 2023.

The Company has received a communication from a promoter group entity confirming that in the event of any fund requirement for meeting its impending payment obligations by the Company, it shall provide direct or indirect financial support to the extent of Rs 2,000 crore.

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

13.83 -0.13 (-0.93%)
14-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Bharti Airtel 1934.90
Vodafone Idea 13.83
Indus Towers 405.45
Tata Communications 1847.45
Bharti Hexacom 1620.60
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: