Vodafone Idea fall 6% after board approves fund-raising of Rs 4500 cr, Nomura reduce rating

Trading (Vodafone Idea)

Yesterday the board of Vodafone Idea approved a fund raise of Rs 4500 crore by issuing shares to its promoter group on a preferential basis in a meeting. This issue will be done at a price of Rs 13.30 per share. Apart from this, the board of Vodafone Idea also approved the decision to conduct … Read more