Vodafone Idea share price jumps 5% after these fresh divestments. Details here
Shares of Vodafone Idea surged by over 5 per cent on Tuesday, January 14, following the release of new divestment updates by the telecom giant.
Omega Telecom Holdings Private Limited, which previously held 279,017,784 equity shares of Vodafone Idea (constituting 0.40 per cent of the company’s equity share capital), acquired an additional 1,084,594,607 equity shares through a preferential issue by the company.
Similarly, Usha Martin Telematics Limited (UMTL), which owned 91,123,113 equity shares of the telecom giant (accounting for 0.13 per cent of the equity share capital), secured 608,623,754 additional equity shares through a similar preferential issue.
The announcements highlight significant changes in shareholding patterns, bolstering…
