Vodafone Idea in focus after board nod to raise Rs 45,000 crore!
Wed, Feb 28, 2024 8:35 AM

Vodafone Idea in focus after board nod to raise Rs 45,000 crore!

A Flip by Riya Sharma
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Shares of Vodafone Idea will be in focus on February 28 after the board of directors of the cash-strapped telecom operator decided to raise funds to the tune of Rs 45,000 crore. The company said it will raise Rs 20,000 crore through a combination of equity or equity-linked instruments and the rest through debt and promoters will also participate in the proposed fund-raising.

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