Vodafone Idea’s FPO Listed on National Stock Exchange

Mumbai: Vodafone Idea Limited’s Follow-on Public Offering (FPO) was listed on the National Stock Exchange on April 25, 2023. The listing of a company on the National Stock Exchange is a significant event, as it signifies increased liquidity and trading volumes for the company. The event was attended by notable figures, including Kumar Mangalam Birla, Chairman of Aditya Birla Group; Akshaya Moondra, CEO of Vodafone Idea Limited; and Dinesh Kumar Khara, Chairman of the State Bank of India (SBI). During the event, Kumar Mangalam Birla interacted with the media and expressed his optimism for Vodafone Idea. He stated, “We are very happy; this is a new life for Vodafone Idea. We look forward to being announced as the outstanding service provider to our customers”. The listing of Vodafone Idea’s FPO is expected to have a positive impact on the company’s financial performance and its ability to compete in the highly competitive telecommunications market.

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