Vodafone Idea to issue shares worth Rs 1,980 crore on a preferential basis, sets price at Rs 11.28/share

Debt-ridden telecom company Vodafone Idea's board of directors on Monday approved issuance of up to 1,75.53 crore equity shares worth Rs 1,980 crore on a preferential basis. The company has set the issue price at Rs 11.28 per share.