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Vodafone Idea stock climbs 6% intraday on nod to raise Rs 4,500 cr

Vodafone Idea approves allotment of shares to promoters to raise Rs 4,500 cr

Earlier this month, the debt-ridden company had said that promoter Vodafone planned to infuse up to Rs 3,375 crore as part of its proposed fund raising plans for Rs 14,200 crore.

Vodafone Idea to raise Rs 4,500 cr from 3 promoters

Business News | Vodafone Idea to Raise Rs 4,500 Cr from 3 Promoters

Get latest articles and stories on Business at LatestLY. Board of Directors of Vodafone Idea on Thursday approved a proposal to raise Rs 4,500 crore by allotting 3,38,34,58,645 equity shares to three promoter or promoter group entities at Rs 13.30 per share. Business News | Vodafone Idea to Raise Rs 4,500 Cr from 3 Promoters.

YES Bank s board considers early redemption of bonds

YES Bank s board considered and approved a proposal to seek investors approval for early redemption of bond instruments worth Rs 1,764 crore.The bonds are Basel II compliant Lower Tier II and Upper Tier II Bond, the bank said in a regulatory .

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