VIL board meeting on Jun 22 to consider up to Rs 500 cr fundraising from Voda Group
By
Biju Kumar
Vodafone Idea’s Board is scheduled to meet on June 22, to consider and approve a proposal for raising funds to the tune of Rs 500 crore.
The fundraising will be through the issuance of equity shares or convertible warrants on a preferential basis to one or more entities belonging to Vodafone Group (one of the promoters of the company).