Vodafone Idea said its board will meet on April 6 to consider the issuance of equity or convertible securities on a preferential basis to one or more promoter group entities.
Zomato Ltd, DLF, MRF, Hindalco Industries, InterGlobe Aviation (IndiGo), Dr Reddy’s Labs and Paytm are also seen attracting up to $89 million in passive inflows each due to increased MSCI weightages.
Union Bank directors would meet on February 23 to consider and approve the issue price for its proposed qualified institutional placement (QIP), including a discount.