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Vi board meeting intimation for raising of funds

Vodafone Idea Ltd has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/01/2023, inter alia, in relation to approving the preferential issue of OCDs to ATC and to convene the Extraordinary General Meeting of the Company to seek approval of the shareholders in this regard.

This is further to letters dated 21st October, 2022 and 6th December, 2022 whereby Vi had inter alia intimated the exchanges that the shareholder resolution dated 21st November, 2022 approving the preferential issue of optionally convertible debentures OCDs to ATC Telecom Infrastructure Private Limited ATC had lapsed as the OCDs could not be issued within the prescribed period of 15 days and that a fresh approval of the shareholders would be sought as required.

CT Bureau

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