Office Address
123/A, Miranda City Likaoli Prikano, Dope
Phone Number
+0989 7876 9865 9
+(090) 8765 86543 85
Email Address
info@example.com
example.mail@hum.com
123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
"The Ministry of
Communications... in line with the September 2021 Reforms and Support Package
for Telecom Sector has decided to convert the outstanding spectrum auction
dues, including deferred dues repayable after expiry of the moratorium period,
into equity shares to be issued to the Government of India. The total amount to
be converted into equity shares is ₹36,950 crore," the filing said.
Vodafone Idea said it has been directed to issue
3,695 crore equity shares of the face value of ₹10 each at an issue price of
₹10 each within 30 days after issuance of necessary order from relevant
authorities, including from SEBI. "Post the aforesaid issuance of equity
shares, the Government of India shareholding in the Company will increase from
existing 22.60 per cent to approximately 48.99 per cent. The promoters will continue to have operational control of the
company," the filing said.
