Vodafone Idea Board Approves Rs 20,000 Crore Fundraising, Targets Rs 45,000 Crore with Founder Participation

Vodafone Idea Ltd’s board has approved a fundraising plan to secure up to Rs 20,000 crore through a combination of equity and/or equity-linked instruments, as detailed in a stock exchange filing on February 27.  The company is actively engaged with lenders and anticipates completing the equity fundraising within the next quarter. The founders and promoters … Continue reading Vodafone Idea Board Approves Rs 20,000 Crore Fundraising, Targets Rs 45,000 Crore with Founder Participation