VIL promoters likely to infuse equity

The promoters of Vodafone Idea — Vodafone and Aditya Birla Group — are likely to look for options wherein they could strengthen the company’s business and competitiveness rather than bank on the government converting its dues into equity in the company at the end of the four year moratorium on AGR and spectrum payments.

Sources said that promoters putting in money by way of equity in the company is also among the options which are being considered, though this could not be confirmed by either of the parties. As is known, Vodafone Idea has been trying to raise up to `25,000 crore from investors but has not been successful so far.