Other Private Equity/Strategic Investments
Aditya Birla Group invests Rs.4,730-Cr in Vodafone Idea; ups stake to 13%
Telecom operator Vodafone Idea shareholders have approved an INR 4,730 crore investment from the Aditya Birla Group through a preferential allotment of warrants. This transaction will increase the stake held by the Aditya Birla Group in the telecom company to about 13%, from 9.6%.Vodafone Idea intends to use the newly raised capital to support capital expenditure requirements and the repayment of loans.
For FY26, Vodafone Idea had reported about INR 44,385 Cr in Operating Income and about INR 34,482 Cr in PAT.
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