Govt to acquire Vodafone Idea stake after share stablises at 10 or more
govt is planning to acquire stake in vodafone idea after their stock stablises at 10
and company also offer stake to govt at 10 rs per share
VIL share right now is trading below 10 rupees since arpil 19
govt officially announce proposal to acquire stake in july.
company is planning to convert 16000 cr of loan into share for govt
their loan amount will be around 33% of stake in comapany.
and promoters share will reduce to 50% after the stake acquiring by govt
this collab will help company to recover from debt and have future growth aspects
to read more stories like this plz visit jioguide.com