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Ericsson sells 0.6% stake in Vi via ₹428.4 cr bulk deal

The New Indian Express Hubballi

|

June 05, 2025

ERICSSON INDIA on Tuesday sold a 0.6% stake in Vodafone Idea (Vi) via a bulk deal worth ₹428.43 crore.

- ENS ECONOMIC BUREAU @ New Delhi

The company offloaded 63.37 crore shares in Vi at ₹6.76 apiece.

However, the details of the buyers have not been disclosed yet. This marks the second such transaction in recent weeks as in April, Nokia Solutions and Networks India Pvt Ltd had sold its 0.95% stake in Vi through a similar bulk deal.

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