Vodafone Idea Shares Fall Despite Rs 45,000 Fundraise Approval | Stock Market News

Vodafone Idea's share price declines as the telecom operator's board approves fundraising of Rs 45,000 crore through equity and debt. The company aims to raise Rs 20,000 crore through equity or equity-linked instruments, with promoters participating in the proposed equity raise. The move follows a notable improvement in operating metrics, including consecutive growth in 4G subscribers and ARPU over the last 10 quarters.