According to the regulatory filing, the meeting is to be held to consider and evaluate a proposal for issuance of debenture securities convertible into equity shares on a preferential / private placement basis to a vendor, subject to regulatory and other statutory approvals as may be required, including approval of the shareholders of the Company.
At around 12:00 PM, Vodafone Idea was trading at Rs8.55 per share higher by 1.06% as against previous closing of Rs8.46 per share on the BSE. The scrip opened at Rs8.48 per share today on BSE.
Vodafone Idea Limited is an India-based telecom service provider. The Company is engaged in the business of mobility and long-distance services. It provides pan-India voice and data services across second-generation (2G), third-generation (3G) and fourth-generation (4G) platforms.
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