New Delhi, Apr 23 (PTI) Telecom operator Vodafone Idea's (VIL) board has fixed the FPO offer price at Rs 11 per equity share, according to a regulatory filing.
Vodafone Idea share price: During the initial session, the stock slipped 5.41 per cent to hit a day low of Rs 12.23. It later rebounded 8.42 per cent from day's low value to hit Rs 13.26-level.
The company will complete its equity fund raise after calling for a meeting of its shareholders on April 2, 2024, and getting a go-ahead from them. The promoters hold a 50.36 per cent stake in the telecom company.
Vodafone Idea share price: The stock was last seen trading 1.07 per cent higher at Rs 16.08 on Monday. At this price, it has slipped 12.70 per cent from its one-year high value of Rs 18.42, a level seen on January 1 this year.