Uday Kotak Takes An Indirect Dig At Vodafone Ideas Shares-For-Debt Strategy - NDTV Profit

Debt-ridden telecom giant Vodafone Idea's board has approved raising Rs 2,458 crore through the issuance of shares to pay off part of its outstanding dues.

By: Ndtvprofit.com

Jun 15 2024
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This is not the first time Vodafone Idea has indulged in the shares-for-debt strategy. On May 17, the company announced that it would convert its government debts payable in fiscals 2026 and 2027 to … [+609 chars]

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