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Govt to acquire Vodafone Idea stake after share price stabilises at ₹10 or above: Report
short by Dharini Mudgal / on Thursday, 8 September, 2022
The government will acquire around 33% stake in debt-ridden Vodafone Idea (Vi) after the stock price of the company stabilises at ₹10 or above, Hindustan Times reported quoting official source. The company's board has reportedly offered a stake to the government at a par value of ₹10 per share. Notably, Vi shares are trading below ₹10 since April 19, 2022.
read more at Hindustan Times