📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    âš¡ Azaadi sale - Celebrate Independence Day with Flat 55% Off On all courses! 13 to 17 Aug âš¡ Enroll Now

    Question

    Prior to the 5G auction, which starts from July 26, the

    government will convert its debt into equity in Vodafone Idea. After the equity conversion, the government will hold a ___% stake in Vodafone Idea.
    A 25 Correct Answer Incorrect Answer
    B 32 Correct Answer Incorrect Answer
    C 49 Correct Answer Incorrect Answer
    D 54 Correct Answer Incorrect Answer
    E 76 Correct Answer Incorrect Answer

    Solution

    Prior to the 5G auction, which starts from July 26, the government will convert its debt into equity in Vodafone Idea. The move will help telecom operators who are under financial pressure to reach their Rs 25,000-crore fund target. After the equity conversion, the government will hold a 32% stake in Vodafone Idea and the promoter stake will dilute to around 50% from the current 75%.

    Practice Next
    More Beepedia Questions

    Relevant for Exams:

    ask-question

    Not sure which exam is best for you Talk to our expert

    Get My Free Call