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Vodafone Idea shares fell 19 per cent in early trade on Tuesday as it approved the conversion of adjusted gross revenue (AGR) and spectrum liabilities into equity."The board of directors, at its meeting held on January 10, 2022, has ...

Experts argue that it will ensure the industry is not a duopoly and also increases the chance of bringing in an investor.

Following conversion, it is expected that the Government will hold approximately 9.5% of the total outstanding shares of the telco.

The Government of India will get 9.5 per cent stake in Tata Teleservices as the company announced on Tuesday that it has decided to opt for converting the interest on deferred spectrum and Adjusted Gross Revenue (AGR) liabilities into equity.

The Government of India is set to become the largest shareholder of Vodafone Idea with 35.8 per cent stake as the companys board has approved conversion of interest on deferred spectrum and Adjusted Gross Revenue (AGR) dues into equity, Vodafone Idea said on Tuesday.

The Government of India will get 9.5 per cent stake in Tata Teleservices as the company announced on Tuesday that it has decided to opt for converting the inter

NEW DELHI, Jan 11: Debt-ridden Vodafone Idea (VIL) has decided to opt for converting about Rs 16,000 crore interest dues liability payable to the Government into equity which will amount to around 35.8 per cent stake in the company, as per a regulatory filing of the telecom firm. If the plan goes through, the Government will become the biggest shareholder in the company which is reeling under a debt burden of about Rs 1.95 lakh crore. “…The board of directors, […]

The Government of India will get 9.5 per cent stake in Tata Teleservices as the company announced on Tuesday that it has decided to opt for converting the inter

Investegate announcements from Kefi Gold and Copper, Q4 2021 Operational Update

KEFI Gold and Copper Q4 2021 Operational Update