Aditya Birla group's stake rises to 27.18 pc post Vodafone Idea rights issue
The stake of Aditya Birla group has risen to 27.18 per cent in Vodafone Idea Ltd, post the recently-concluded rights issue of the telecom operator.
Holding of the various Group entities rose from 26.04 per cent (prior to the rights issue) to 27.18 per cent. Reuters
By PTI
Updated: Tue, May 07, 2019
10:05 pm
10:05 pm
New Delhi, PTI
UltraTech Q2 profit down 11.3% to Rs 375.74 cr
Hindalco to seek shareholders' approval for Rs 6,000 cr NCDsThe stake of Aditya Birla group has risen to 27.18 per cent in Vodafone Idea Ltd, post the recently-concluded rights issue of the telecom operator. According to a regulatory filing by Grasim Industries Ltd, the holding of the various Group entities rose from 26.04 per cent (prior to the rights issue) to 27.18 per cent.
The entities include Grasim Industries, Birla TMT Holdings, Hindalco Industries, Pilani Investments and Industries, IGH Holdings, Oriana Investments, Elaine Investments, and Aditya Birla Group Chairman Kumar Mangalam Birla.
Vodafone Idea had recently concluded over Rs 25,000 crore rights issue, that was oversubscribed nearly 1.08 times.
Air India holds board meeting as Govt. mulls equity infusion, loan waiver
VSF, chemical businesses will help maintain growth momentum: Dilip Gaur, MD, Grasim
Aditya Birla Group's Novelis announces acquisition of Aleris for $2.6 bn