Vodafone Idea (IDEA) – Key Update
  • Stock Movement: Shares rise 4.5% to ₹9.12.
  • Potential Investment: US PE firm Tillman Global Holdings (TGH) is negotiating to invest $4–6 billion and assume operational control.
  • Condition: Investment contingent on government providing a comprehensive package covering all liabilities, including AGR dues and spectrum payments.
  • Promoter Change: If deal proceeds, TGH would become the promoter, taking control from Aditya Birla Group and Vodafone UK.
  • Analyst View: Average rating – Hold, median target price ₹6.25.
  • Performance: Year-to-date, Vodafone Idea shares are up ~15%.

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