Vodafone Idea’s Govt Stake Jumps to 48.99% After 3,695 Crore Equity Shares Allocation

Vodafone Idea Limited has officially informed the National Stock Exchange (NSE) and BSE about the allotment of new equity shares. This is done in accordance with Regulation 30 of SEBI’s Listing Obligations. The shares are being issued to the Government of India based on an order under Section 62(4) of the Companies Act, 2013.

Background of the Share Allotment

Earlier, the Ministry of Communications directed the company to convert its unpaid spectrum auction dues into equity. This decision was part of a move to support the financially struggling company by turning its debt into ownership for the government.

Details of Share Allotment

On April 8, 2025, the board’s Capital Raising Committee approved the issue of 3,695 crore equity shares at ₹10 each to the Government of India. This totals to ₹36,950 crore. With this, the government’s shareholding in Vodafone Idea now stands at 48.99%.

Resulting Capital Structure

After this allotment, Vodafone Idea’s total paid-up equity capital has risen to approximately ₹1,08,343 crore, consisting of over 1,083 crore equity shares. 

Share performance 

As of April 09, 2025, at 2:10 PM, Vodafone Idea Limited Share Price is trading at ₹7.13 per share, reflecting a loss of 0.56% from the previous day’s closing price. Over the past month, the stock has registered a loss of 1.79%. The stock’s 52-week high stands at ₹19.18 per share, while its low is ₹6.61 per share.

Conclusion

This significant share allotment strengthens Vodafone Idea’s financial base while increasing the Government of India’s involvement in the company. It marks a key step in supporting the revival of the telecom operator.

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