Authorities of India’s Ministry of Communications have determined to transform Vodafone Thought Ltd’s excellent spectrum public sale dues into fairness shares, growing its stakeholding within the agency to 48.99 per cent, in accordance with the trade submitting on Sunday, March 30.
“It’s hereby knowledgeable that Ministry of Communications, Authorities of India has, in keeping with the September 2021 Reforms and Assist Package deal for Telecom Sector has determined to transform the excellent spectrum public sale dues, together with deferred dues repayable after expiry of the moratorium interval, into fairness shares to be issued to the Authorities of India underneath Part 62(4) of the Corporations Act, 2013,” stated Vodafone Thought within the BSE submitting.
Based on the submitting knowledge, ₹36,950 crore is about to be transformed into 3,695 fairness shares with a face worth of ₹10 apiece. The federal government of India’s stake within the telecom operator will improve from its present ranges of twenty-two.60 per cent to almost 48.99 per cent after the difficulty of the fairness shares.
“The entire quantity to be transformed into fairness shares is Rs. 36,950 Crore. The Firm has been directed to situation 3,695 Crore fairness shares of the face worth of ₹10/- every at a problem worth of ₹10/- every inside a interval of 30 days after issuance of obligatory order from related authorities together with from Securities and Trade Board of India,” stated Vodafone Thought.
Vodafone Thought Share Worth
Vodafone Thought shares closed 1.73 per cent decrease at ₹6.81 after Friday’s inventory market session on March 28, in comparison with ₹6.93 on the earlier market shut.
The inventory is at present buying and selling proper above its 52-week low stage at ₹6.60 on November 22, 2024, whereas the 52-week excessive stage was at ₹19.15 on June 28, 2025, in accordance with the BSE knowledge.
Vodafone Thought shares have given inventory market buyers extra tan 116 per cent returns within the final 5 years. Nevertheless, the inventory has misplaced 51.43 per cent within the final one-year interval. On a year-to-date (YTD) foundation, Vodafone Thought inventory has misplaced 15.09 per cent in 2025.
Vodafone Thought shares jumped practically 5 per cent on March 19 after the corporate introduced the launch of its 5G providers in Mumbai.
“With this rollout, Vodafone Thought is about to reinforce cellular expertise with widespread protection at aggressive pricing,” stated the corporate within the trade submitting.
The corporate additionally plans to take a position ₹50,000-55,000 crore over the subsequent three years because it goals to increase its 4G community protection space to succeed in 90 per cent of the Indian inhabitants.
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