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Vodafone Idea jumps 5% on ₹4,730-cr promoter funding
short by / on Friday, 12 June, 2026
Vodafone Idea shares rose over 5% on Friday after shareholders approved a ₹4,730-crore investment from the Aditya Birla Group through a preferential allotment of warrants. Chairman Kumar Mangalam Birla also expressed confidence in the telecom operator's turnaround plans. The proposed funding is aimed at supporting growth and boosting lender confidence.
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