Vodafone Idea’s (VIL) shareholders have approved a proposal to raise Rs 14,500 crore. As part of its fundraising, VIL had also sought shareholders' approval to raise Rs 10,000 crore through sale of equity or through a mix of ADR, GDR and FCCBs. Shareholders approved the proposal at the extraordinary general meeting held on March 26, 2022.
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.
