Vodafone Idea soars on getting nod to subscribe to 26% of equity capital of SPV
Vodafone Idea is currently trading at Rs. 10.07, up by 0.56 points or 5.89% from its previous closing of Rs. 9.51 on the BSE.
The scrip opened at Rs. 9.76 and has touched a high and low of Rs. 10.11 and Rs. 9.62 respectively. So far 86478815 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 10.57 on 27-Oct-2025 and a 52 week low of Rs. 6.12 on 14-Aug-2025.
Last one week high and low of the scrip stood at Rs. 10.11 and Rs. 9.19 respectively. The current market cap of the company is Rs. 108668.06 crore.
The promoters holding in the company stood at 25.57%, while Institutions and Non-Institutions held 59.74% and 14.69% respectively.
Vodafone Idea has received approval to invest in / subscribe to 26% of equity capital of the special purpose vehicle (SPV) to be incorporated by Shree MTK Textile (SMTPL). The SPV will be incorporated for the purpose of owning and operating a Captive Power Plant in terms of the regulatory requirement for captive power consumption under electricity laws. The company shall invest upto Rs 4.33 crore in the equity capital of the SPV in one or more tranches. The Board of Directors of the company at its meeting held on November 10, 2025, has inter-alia, approved the same.
Vodafone Idea is an Aditya Birla Group and Vodafone Group partnership. It is developing world-class infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence.
