Vodafone Idea is planning to raise funds aggregating upto Rs 500 crore, by way of issuance of Equity Shares and / or Convertible Warrants on a preferential basis to one or more entities belonging to Vodafone Group (one of the promoters of the Company). A meeting of the Board of Directors of the Company is scheduled to be held on June 22, 2022, inter-alia, to consider the same.
Vodafone Idea is an Aditya Birla Group and Vodafone Group partnership. It is developing world-class infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence.