Shares of Vodafone Idea Ltd surged over 5 percent after Kumar Mangalam Birla was appointed as the company’s new non-executive chairman. The stock climbed to Rs 11.38 in early trading, reflecting renewed investor optimism around leadership stability at the debt-laden telecom operator. Birla replaces Ravinder Takkar, who will transition to the role of non-executive vice-chairman. The leadership shift is seen as a strategic move to reinforce governance and restore confidence among stakeholders amid ongoing financial and operational challenges facing the company.