The residual amount will be used to pay outstanding dues of its Indian venture, Vodafone Idea.
Following this transaction, Vodafone's stake in Indus Towers will fall below 1%.
Prior to this, Vodafone held 82.5 million shares, representing a 3.1% stake in Indus Towers.
In June, Vodafone sold an 18% stake in Indus Towers for nearly ₹15,300 crore.
Denne historien er fra December 05, 2024-utgaven av The New Indian Express.
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Denne historien er fra December 05, 2024-utgaven av The New Indian Express.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Woman pushes her two kids into well, kills self
A 24-year-old woman allegedly pushed her two children into a well before committing suicide by jumping into a well at Maaligaimedu village near Veppur on Sunday.
IMBL violation: Sri Lankan Navy arrests 8 Ramnad fishermen, seizes two boats
THE Sri Lankan Navy seized two Indian boats and arrested eight fishermen hailing from Mandapam for alleged violation of IMBL near Neduntheevu in the wee hours of Sunday.
College, principal booked for forging docus of law student
THE Greater Chennai Police (GCP) has arraigned an Andhra Pradesh college, its then principal and correspondent as an accused in the case pertaining to forged documents submitted by a retired railway guard turned advocate for enrolment in the Bar Council of Tamil Nadu and Puducherry in 2019, according to the chargesheet filed before a Chennai court.
KL Cong chief refuses to step down from post
K Sudhakaran rejects AICC's demand despite the high command conveying that section of leaders wants him to quit
Special camp conducted to provide benefits to former workers of Manjolai tea estate
A special camp was organised in Manjolai Hills on Saturday to extend rehabilitation benefits to former tea estate workers in the wake of an order of the Madras High Court.
Don't make PG teachers oversee Ennum Ezhuthum
PG teachers in government schools have opposed their appointment as field investigators for the assessment of 'Ennum Ezhuthum' scheme saying that they are already burdened with non-academic work.
CM Stalin to inaugurate renovated Vaikom Periyar memorial on Dec 12
CHIEF Minister MK Stalin will be inaugurating the renovated memorial-cum-library for social reformer Periyar EV Ramasamy in Vaikom, Kerala, to mark the centenary of the Vaikom struggle, in the presence of his Kerala counterpart Pinarayi Vijayan on December 12.
VCK panel discusses action to be taken against Arjuna
WITH VCK deputy general secretary Aadhav Arjuna's remarks kicking up a political storm, party president Thol Thirumavalavan said the party's high-level committee had discussed the issue and its decision would be revealed soon.
Expert committee inspects T'malai to assess safety for Maha Deepam trek
IN the wake of the landslide triggered by Cyclone Fengal which killed seven persons last week, collector D Baskara Pandian, along with an eight-member expert committee constituted by the state government, inspected the hills on Sunday.
Tell officials to follow rules while ordering eviction: Court
IRKED by the non-adherence to rules by revenue officials while passing eviction orders under the Tamil Nadu Land Encroachment Act, 1905, which leads to the filing of unnecessary litigations, the Madurai Bench of the Madras High Court recently directed the revenue secretary to give suitable instructions to officers to prevent recurrence of the issue so as to conserve the court's time.