AnyTV News
  • News
    • India
    • Regional
    • World
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Automobiles
  •  
    • Lifestyle
    • Health
    • Education
    • Viral News
    • Agriculture
    • Astrology
    • Election
No Result
View All Result
  • Select Language
    • English
    • हिंदी
    • ગુજરાતી
  • Advertise With Us
AnyTV News
  • News
    • India
    • Regional
    • World
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Automobiles
  •  
    • Lifestyle
    • Health
    • Education
    • Viral News
    • Agriculture
    • Astrology
    • Election
No Result
View All Result
AnyTV News

Vi repaid its loan, there will be a stormy rise in shares on Monday. Investors will also get a dividend of Rs 7.5.

by Amit Tripathi
January 10, 2025
Vi repaid its loan, there will be a stormy rise in shares on Monday. Investors will also get a dividend of Rs 7.5.

Debt-ridden telecom company Vodafone Idea (Vi) has paid its old dues of Rs 1,910 crore towards Indus Towers. The company has recently made this payment by raising fresh equity from Vodafone Group Plc.

Vodafone Group’s share in Vi increased

After this latest investment, Vodafone Group’s stake in Vi has increased from 22.56% to 24.39%. The investment has been made through Omega Telecom Holdings Pvt Ltd and Usha Martin Telematics Ltd, which are promoter entities of Vodafone.

How were the dues paid?

Vodafone promoters invested Rs 1,910 crore in Vi after paying dues to its lenders, Indus Towers said in an exchange filing. Vi has used this fund to repay the dues of Master Service Agreement (MSA) of Indus Towers.

Fall in shares of Indus Towers and Vi

Despite this news, shares of Indus Towers closed 2.90% down at ₹320.25 on Friday. At the same time, shares of Vi also closed at ₹7.75 with a decline of 2.27%.

Vodafone sold stake in Indus Towers

Last month, Vodafone had raised ₹2,800 crore by selling its remaining 3% stake in Indus Towers. Vodafone used ₹890 crore of the proceeds from this sale to repay debt and pay transaction fees. The remaining ₹1,910 crore was used to buy equity shares in Vi.

Old debts paid, new opportunities open

Vodafone said that after this payment, all its responsibilities towards Indus Towers have been fulfilled. This has reduced the pressure of Indus Towers on Vi and will help the company achieve financial stability.

Expectation of special dividend

JP Morgan believes Indus Towers may declare a special dividend of ₹7.5 per share in FY25 after Vi clears its dues.

How much does Vi owe?

By the September 2024 quarter, Vi had paid off dues of ₹2,328.2 crore to Indus Towers. Yet according to industry sources, the total outstanding dues of Indus Towers to Vi stood at ₹7,076 crore.

What does this payment mean for Vi?

This payment is very important for Vi as it has reduced the debt burden on the company and will help it become financially stronger. Along with this, Vi can also get the confidence of investors in the market.

Disclaimer: Investing in stock market is subject to risk. Be sure to consult a financial advisor before investing.

SendShareShareTweetSharePinShareSend

Related Posts

Prime Minister Modi will distribute more than 51,000 appointment letters in 16th employment fair
India

Prime Minister Modi will distribute more than 51,000 appointment letters in 16th employment fair

by Amit Tripathi
July 11, 2025
Union Home Minister Amit Shah's high level meeting with Delhi CM Rekha Gupta, strategy made for Yamuna revival
India

Union Home Minister Amit Shah’s high level meeting with Delhi CM Rekha Gupta, strategy made for Yamuna revival

by Amit Tripathi
July 11, 2025
Tennis Player Radhika Yadav Murder Case: Why did Tennis player Radhika Yadav kill her father? What is the reason for police interrogation so far? What reason has been revealed so far in police Investigation?
India

Tennis Player Radhika Yadav Murder Case: Why did Tennis player Radhika Yadav kill her father? What is the reason for police interrogation so far? What reason has been revealed so far in police Investigation?

by Amit Tripathi
July 11, 2025

Latest News

Charges on Chandigarh administration: Permanent committees of Advisory Council were formed for BJP's benefits- Rajiv Sharma
News

Charges on Chandigarh administration: Permanent committees of Advisory Council were formed for BJP’s benefits- Rajiv Sharma

by Ankita Sharma
July 11, 2025
Prime Minister Modi will distribute more than 51,000 appointment letters in 16th employment fair
India

Prime Minister Modi will distribute more than 51,000 appointment letters in 16th employment fair

by Amit Tripathi
July 11, 2025
India's urban population is estimated to increase by about 88 crores by 2047 under developed India 'vision
Business

India’s urban population is estimated to increase by about 88 crores by 2047 under developed India ‘vision

by Aaryan Srivastav
July 11, 2025
Yeh Rishta Kya Kehlata Hai 11 July Written Update: Armaan will propose to Abrara in a drunken state, there will be a ruckus in turmeric ceremonies
Entertainment

Yeh Rishta Kya Kehlata Hai 11 July Written Update: Armaan will propose to Abrara in a drunken state, there will be a ruckus in turmeric ceremonies

by Sandhya Hirani
July 11, 2025
AnyTV News

AnyTVNews is a prominent digital news channel in India, known for delivering the latest updates on politics, sports, entertainment, and local events. The channel’s dedicated team of journalists and reporters ensures that viewers receive accurate and timely information from every corner of country. AnyTVNews has built a reputation for its fast and reliable news service, making it a trusted source for the people of India. The channel’s programs and news bulletins are highly popular among viewers, establishing AnyTVNews as a significant player in the news landscape.

CONNECT WITH US

TRENDING TOPICS

  • Agriculture
  • Astrology
  • Automobiles
  • Business
  • DIY
  • Education
  • Election
  • Entertainment
  • Gadgets
  • Health
  • India
  • Internet
  • Lifestyle
  • Mobile
  • News
  • Opinion
  • Politics
  • Regional
  • Sports
  • Technology
  • Uncategorized
  • Viral News
  • World

READ NEWS IN

  • Hindi
  • Gujarati
  • English

FOLLOW US ON

Follow us on Google News
  • About Us
  • Advertise With Us
  • Disclaimer
  • DMCA Policy
  • Privacy Policy
  • Contact Us

© 2025 AnyTV News Network All Rights Reserved.

No Result
View All Result
  • Select Language
    • हिंदी
    • ગુજરાતી
  • News
    • India
    • Regional
    • World
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Lifestyle
  • Health
  • Automobiles
  • Education
  • Viral News
  • Agriculture
  • Astrology
  • Election
Follow us on Google News

© 2025 AnyTV News Network All Rights Reserved.