Centre wants Voda Idea promoters to pump in more equity3 min read 03 Nov 2022, 12:28 AM IST
Additional equity from promoters could help arrest the downward trend in the Vodafone Idea stock.
NEW DELHI : Promoters of Vodafone Idea Ltd must infuse more funds into India’s third-largest telecom operator before the government converts the interest on spectrum dues of ₹16,000 crore into equity, two officials aware of the development said. Company executives were also told about the new condition at a recent meeting.
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