VODAFONE IDEA'S (VIL) board is scheduled to meet on June 22 to consider a proposal to raise ₹500 crore from one of the entities of Vodafone Group.
The promoters of VIL (Vodafone Group and Aditya Birla Group) had infused ₹4,500 crore into the company in March. The company had announced a ₹25,000-crore fundraising exercise, of which ₹5,000 crore will be from the promoters while the remaining ₹20,000 crore will come from lenders and investors.
This story is from the June 21, 2022 edition of Financial Express Mumbai.
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This story is from the June 21, 2022 edition of Financial Express Mumbai.
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