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Board of Vodafone Idea approves preferential issue of equity securities to Euro Pacific Securities

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Capital Market
Last Updated : Jun 22 2022 | 7:31 PM IST

At meeting held on 22 June 2022

The Board of Directors of Vodafone Idea at its meeting held today has inter-alia, approved raising of funds aggregating upto Rs. 436.21 crore by way of issuance of either: (a) upto 42,76,56,421 equity shares of the face value of Rs. 10/- each; or (b) upto 42,76,56,421 warrants convertible into equity shares, to Euro Pacific Securities (a Vodafone Group entity and promoter of the Company), on a preferential basis.

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First Published: Jun 22 2022 | 7:08 PM IST

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