Vodafone, Indus Towers

Vodafone Idea, Indus Towers shares jumped up to 5% in fag-end trade today; here's why
VIL stock surged 5 per cent to hit an intraday high of Rs 8.62. It eventually settled 2.44 per cent up at Rs 8.41. Indus Towers, on its part, rose 2.19 per cent to hit a high of Rs 361.35. The scrip finally closed with 1.
Vodafone Idea, Indus Towers shares jump up to 5% around market closing time. Here's why
Vodafone PLC will sell its remaining 3% stake in Indus Towers to repay Vodafone Idea's debt. The proceeds may also be used to invest in Vi's new equity issue. This news boosted shares of both Vodafone Idea and Indus Towers.
Indus Towers releases pledge on over 3% shares held by Vodafone promoters
These residual proceeds will be used to purchase equity in a fresh issuance of shares by Vodafone Idea, which will then use the funds to clear its outstanding dues to Indus Towers
UK's Vodafone to sell remaining 3% stake in India's Indus Towers
Vodafone Group will sell its remaining 3% stake in Indian telecom infrastructure developer Indus Towers, the British telecom group said on Wednesday. The British firm said it has launched a placing of its remaining 79.
Vodafone Group to Sell 3.0% of Indus Towers
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Vodafone To Sell 3% Stake In Indus Towers; To Use Proceeds For... - Details
British telecom company Vodafone will sell 3 per cent stake in Indus Towers to clear its debt of USD 101 million or about Rs 856 crore and use the residual amount to pay outstanding dues of its Indian venture Vodafone Idea.
Vodafone Sells Stake in Indus Towers
Vodafone (GB:VOD) has released an update. Vodafone has announced the sale of its 3% stake in Indus Towers through an accelerated book build
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