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Board of Vodafone Idea approves issuance of 42.76 cr warrants to promoter group entity

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Capital Market

At meeting held on 22 July 2022

The Board of Directors of Vodafone Idea at its meeting held on 22 July 2022, has, inter-alia, approved issuance of 42,76,56,421 warrants (each convertible into one equity share), to Euro Pacific Securities (a Vodafone Group entity and promoter of the company), at an issue price of Rs. 10.20 per warrant, aggregating to Rs. 436.21 crore on a preferential basis.

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First Published: Jul 23 2022 | 11:22 AM IST

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