Vodafone Idea to lift Rs25,000 cr

New Delhi: Vodafone Idea on Friday stated its Board has accepted plans to lift as much as Rs 25,000 crore. The funds shall be raised by way of a mix of fairness and debt devices and the whole fund-raising won’t exceed Rs 25,000 crore, it stated in a regulatory submitting. It additionally talked about, “issuance of unsecured and/or secured, non-convertible debentures up to an aggregate amount of Rs 15,000 crore, by way of public offering or private placement basis or otherwise, in one or more tranches”. PTI

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