Govt set to become largest shareholder in Vodafone Idea: Report2 min read 24 Jun 2022, 12:27 PM IST
The government is likely to convert Vi's interest liability of ₹16,133 crore into equities
This year, Vi proposed the government convert interest dues amounting to ₹16,000 crore for a 35.8% stake in the struggling telecom operator
The Central government is reportedly going to become the biggest shareholder of debt-ridden Vodafone Idea Limited, according to CNBT-TV18. The Centre may hold 33% around in the company and become the single largest shareholder in the third-largest telco in the country, as per the business news channel.
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