Voda Idea's Rs 20k-cr equity fundraise likely to be a mix!
Wed, Feb 28, 2024 11:16 AM

Voda Idea's Rs 20k-cr equity fundraise likely to be a mix!

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Vodafone Idea is likely to go for a combination of follow-on public offer (FPO) and preferential allotment to promoter for its Rs 20,000-crore equity fundraise, reported CNBC-TV18 on February 28 quoting sources. Aditya Birla Group’s promoter entity may infuse funds through preferential allotment of shares, reported the channel. Meanwhile, the telco's scrip on BSE was trading 12% lower on Wednesday

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