Vodafone Idea allots 430 Cr warrants to Aditya Birla promoter entity at Rs 11

Warrants ConvertedFund Raising View source PDF Explain this filing

IDEA · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.4%Reaction day

₹14.79

prior close

₹14.84

announcement price

After-mkt

timing

Nifty Midcap 150market-1.0%-1.4% vs market

Telecom - Cellular & Fixed line services peers, median of 7sector-2.2%-0.2% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Midcap 150 and 0.2 pts less than its Telecom - Cellular & Fixed line services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.3

10m

+0.3

15m

+0.5

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.4-1.0-1.4-2.2-0.2

Next day

-3.2-0.9-2.4-2.2-1.1

-5.0-1.4-3.6-3.7-1.4

-2.7-1.7-1.0-3.9+1.2

-2.1-1.3-0.8-3.9+1.8

-1.1-1.1-0.0-3.5+2.5

-3.9-0.8-3.0-3.9+0.1

15d

-6.9+0.3-7.2-4.5-2.4

-10.8-1.6-9.2-11.9+1.1

-5.0+1.5-6.5-15.1+10.1

-1.8-0.6-1.1-16.5+14.8

UpDownMarket · Nifty Midcap 150Sector · Telecom - Cellular & Fixed line services peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Vodafone Idea has allotted 430 Crore warrants to Suryaja Investments, an Aditya Birla Group promoter group entity, at Rs. 11 per warrant on a preferential basis. The company received Rs. 1,182.50 Cr as 25% upfront payment. Each warrant converts into one equity share within 18 months on payment of the remaining 75%. No immediate rise in paid-up equity capital since these are warrants, not shares.

Likely market impact

Promoter group continues to back Vi with fresh capital of about Rs 4,730 Cr on full conversion, signaling confidence in the company's turnaround.