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Vi gets board nod to raise Rs 2,075 cr, Aditya Birla Group to infuse funds

Vi gets board nod to raise Rs 2,075 cr, Aditya Birla Group to infuse funds
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Vodafone Idea Granted Board Approval To Raise Rs 2,075 Crore From Aditya Birla Group

Vodafone Idea, in which the government now also holds over 33% equity stake, has been fighting a desperate battle for survival.

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Vi gets board approval for raising Rs 2,075 cr from Aditya Birla Group

The increased authorised share capital of the company will be divided into Rs 95,000 crore equity share capital and Rs 5,000 crore preference share capital.

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Vodafone Idea to raise ₹2075 crore from Aditya Birla Group, gets board nod

The telecom operator will hold an extraordinary general meeting (EGM) on May 8 to seek shareholders approval.

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YourStory | Stories about startups & entrepreneurships

YourStory | Stories about startups & entrepreneurships
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