Vodafone Idea to consider fund raising on Oct 21

19 Oct 2022 , 12:01 PM

A meeting of the Board of Directors of Vodafone Idea Limited is scheduled to be held on Friday, October 21, 2022.

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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