Vodafone Idea receives Rs 1,182.50 cr from promoter Aditya Birla Group entity through warrant allotment
Mumbai (Maharashtra) [India], June 23 (ANI): Telecom operator Vodafone Idea said it has allotted 430 crore warrants to Suryaja Investments Pte. Ltd., an Aditya Birla Group entity and a member of the promoter group, raising Rs 1,182.50 crore as part of its planned capital raising exercise.
In an exchange filing the company said the allotment was approved by the Capital Raising Committee of the Board of Directors at its meeting held on June 22.
