1Vodafone Idea’sCapital Raise Strategy: Promoters Lead Infusion Plans
Vodafone Idea’s board to meet on Feb 27 for capital raise discussion. Promoters, not Aditya Birla group, to infuse funds, diluting existing stakes. Government to maintain 33% stake despite potential windfall. Funds intended for 5G launch and debt reduction. Recent share surge signals investor optimism. Company exploring options like rights issue, public offering for capital … Read more