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Vodafone Idea's Debt to Equity Conversion to Make Government Largest Shareholder With 36 Percent Stake

The government is set to become the largest shareholder of Vodafone Idea (Vi) as the companys board has approved the conversion of interest on deferred spectrum and Adjusted Gross Revenue (AGR) dues into equity.
Bharti Airtel Articles Of Association Articles Of Association The Company Articles Of Association Ao United Vodafone Group Vodafone Group
Source: ndtv.com

Vodafone Idea shares decline 19% as board plans to convert dues into equity; govt to get 35.8% stake [details]

The Centre will hold around 35.8 per cent of the total outstanding shares of the company, and the promoter shareholders would be around 28.5 per cent (Vodafone Group) and around 17.8 per cent (Aditya Birla Group), respectively.
Aditya Birla Group Department Of Telecommunications Do Vodafone Group Net Present Value Vodafone Idea Vodafone Idea Shares

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