On Friday 29th March 2019, the price of Vodafone shares triggered 17% and rose to Rs 20.45 on the BSE. This surge in price came in the early morning of trading as the news of stock turned ex-date for rights issue today. On Thursday, 28 March the stock was at Rs 17.85, which was very near to its record low price of Rs. 17.06. The news of rights share of Vodafone Idea helped the stock to move upward. In fact, in the morning itself, the price of Vodafone was 18.50

On March 20th, 2019, the company's board of directors met for rights shares and approved for Rs 25,000-crore rights issue. So according to this, the company shareholders will be given a right or choice to buy 87 shares for every 38 held for an issue price of Rs 12.50 a share. The rights issue will open on April 10th, 2019, and close on April 24th, 2019.