Vi board meet on Tuesday to mull fundraise
Financial Express Mumbai|February 23, 2024
VODAFONE IDEA ON Thursday said the company's board will meet on February 27 to consider and evaluate proposals to raise funds.
JATIN GROVER
Vi board meet on Tuesday to mull fundraise

Speaking to reporters at Panipat, Aditya Birla Group chairman Kumar Mangalam Birla said the group remains very committed to Vodafone Idea. "Efforts are on to get outside investors. We remain as committed as we have been in the past," Birla, a director on the Vodafone Idea board, said.

In a regulatory filing, the company said the fundraise could be in one or more tranches by way of a rights issue, further public offer, private placement including preferential allotment, qualified institutions placement or through any other permissible mode and/or combination thereof as may be considered appropriate.

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