Question

Government has become the largest shareholder of Vodafone Idea with how much stake?

A 30.1 percent Correct Answer Incorrect Answer
B 33.4 percent Correct Answer Incorrect Answer
C 34.54 percent Correct Answer Incorrect Answer
D 31.65 percent Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Vodafone Idea has issued 16,130 million equity shares to the central government, giving it a 33.4 per cent stake in the company. With this government also becomes the largest shareholder of the telecom company. The operational and management control of the company will remain with existing promoters.

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