Vodafone Idea Limited to consider fund raising on March 3, 2022

A meeting of the Board of Directors of Vodafone Idea Limited is scheduled to be held on Thursday, 3 March 2022, to consider and evaluate any and all proposals for raising of funds in one or more tranches by way of 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, share warrants, and / or nonconvertible debentures including non-convertible debentures along with warrants, which may or may not be listed.

Shares of Vodafone Idea Limited was last trading in BSE at Rs. 10.29 as compared to the previous close of Rs. 9.64. The total number of shares traded during the day was 72692780 in over 67029 trades.

The stock hit an intraday high of Rs. 10.49 and intraday low of 9.91. The net turnover during the day was Rs. 743669728.00.

Source : Equity Bulls

Keywords

VodafoneIdea INE669E01016 FundRaising PreferentialAllotment PrivatePlacement QIP GDR ADR FCCB NCD Warrants