According to industry reports, Vodafone Group Plc and Aditya Birla Group may dilute their stakes in Vodafone Idea Limited (Vi) if a strategic investor shows interest in taking control of the telco.
UK-based Vodafone Group Plc holds a 45 per cent stake in the company while Aditya Birla Group companies holds a 26 per cent stake.
As per industry sources, the two promoter groups are open to the option of doing away with a majority stake or transfer control. This option will be considered only if the foreign investors agree to pay a premium over Vi’s current market price so that the company gets adequate funding to repay the telco’s dues.
