Vodafone Idea Ltd board to consider fund raising proposal on Sep 4, 2020

A meeting of the Board of Directors of Vodafone Idea Ltd is scheduled on 04/09/2020 to consider and evaluate any and all proposals for raising of funds in one or more tranches by way of a public issue, preferential allotment, private placement, including a qualified institutions placement or through any other permissible mode and/or combination thereof as may be considered appropriate, by way of issue of equity shares or by way of issue of any instruments or securities including securities convertible into equity shares, Global Depository Receipts, American Depository Receipts or bonds including foreign currency convertible bonds, convertible debentures, warrants, and/or non-convertible debentures including non-convertible debentures along with warrants, which may or may not be listed.

Shares of Vodafone Idea Ltd was last trading in BSE at Rs.8.89 as compared to the previous close of Rs. 10.19. The total number of shares traded during the day was 224905114 in over 105440 trades.

The stock hit an intraday high of Rs. 10.95 and intraday low of 7.69. The net turnover during the day was Rs. 2038052076.

Source : Equity Bulls

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