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Wireless

Vodafone Idea board approves rights issue plan

Thursday 24 January 2019 | 09:33 CET | News
Indian operator Vodafone Idea said its board has approved plans for a rights issue of up to INR 250 billion. Its main shareholders, Vodafone Group and Aditya Birla Group, have agreed to contribute up to INR 110 billion and INR 72.5 billion respectively. If the rest of the issue is under-subscribed, the main shareholders may buy additional shares.  

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Categories: Mobile & Wireless
Companies: Vodafone Group / Vodafone Idea
Countries: India
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