Idea Cellular, one of the biggest cellular carrier of the country, has received its shareholders’ approval to raise up to Rs 10000 crore through issue of non-convertible securities on private placement basis in one or more tranches. The company's shareholders also approved other ordinary businesses like declaring dividend and appointment of director, among others.
Idea Cellular, an AV Birla group company, provides Global System for Mobile communications (GSM)-based wireless service at the pan-India level, it is present in all 22 telecom circles.
