Vodafone Idea (Vi) shares rose over 10% intra-day on May 11, 2026

ea (Vi) shares rose over 10% intra-day on May 11, 2026, driven by a Bloomberg report on Vodafone Group’s plans to strengthen its Indian unit’s capital position. Key Highlights from the Report Vodafone Group (holding ~19% stake in Vi) is considering transferring part of its shares to the Indian entity to hold as treasury shares. This move would bolster Vi’s balance sheet without requiring fresh cash infusion from the parent. The treasury shares could later be monetized (sold or used as collateral) to raise additional capital for paying government dues and funding network expansion (4G/5G). This comes after the Indian government reduced Vi’s Adjusted Gross Revenue (AGR)/spectrum-related dues, improving the company’s financial flexibility and debt-raising ability. Debt Raising Plans Vodafone Idea is in advanced talks with banks to raise around Rs 35,000 crore in debt, with State Bank of India (SBI) likely leading the consortium. A major portion is expected via term loans. This funding would support Vi’s capex plans to regain market share against competitors like Reliance Jio.