Monday, October 12
Vodafone Idea, with the aim of bolstering its finances, has approved a fundraise of up to Rs 20,000 crore through a mix of equity and debt instruments. The move aims to provide the struggling telecom operator with much-needed capital to support its operations, reduce liabilities, and expand network capabilities.“The Board of Directors of the Company at their meeting held today i.e. on 30 May 2025, inter-alia, have approved the following: by way of issue of equity shares or by way of issue of any other eligible instruments or securities including securities convertible into equity shares, Global Depository Receipts, American Depository Receipts or bonds including foreign currency convertible bonds, convertible debentures, warrants, non-convertible securities and/or composite issue of non-
