• Uncategorized

    Vodafone Idea Board approves Rs 431 cr fund raise

    Board of Vodafone Idea Limited on Wednesday approved raising of funds aggregating upto Rs 436.21, the company said in its filing to the exchanges. The fund raising will be either via issuance up to 42,76,56,421 equity shares or by issuance of up to 42,76,56,421 Warrants convertible into equity shares, the release further said. “We wish to inform you that the Board of Directors of Vodafone Idea Limited (‘the Company’) at its meeting held today i.e. 22nd June 2022, has, inter-alia, approved raising of funds aggregating upto Rs. 436.21 crore by way of issuance of either: (a) upto 42,76,56,421 Equity Shares of the face value of Rs. 10/- each; or (b)…