Vodafone Idea to amend shareholders’ pact to retain promoter...

Dununu.com Dununu

Sponsored

Vodafone Idea to amend shareholders’ pact to retain promoter control despite government's 49% stake

RSS Feed Business

Posted

108

Vodafone Idea's board has approved amending its shareholder agreement, lowering the qualifying threshold to 10% and excluding the government's stake for governance. This allows Aditya Birla Group and Vodafone Group to retain control despite the government becoming the largest shareholder with 48.99% after converting debt into equity. The move aims to maintain operational continuity amidst Vi's ₹2.17 lakh crore debt.

Read Full Article

Please log in to like, share and comment!

Raghav Juyal reflects on Babil’s on-camera meltdown- Excl

An emotional video featuring Babil Khan, son of the late Irrfan Khan, stirred controversy after...

By 0 3

Prakash Raj DEFENDS Fawad Khan starrer 'Abir Gulaal'

Prakash Raj defends Fawad Khan's film, advocating for artistic exchange and opposing film bans...

By 0 3

After 11 sixes in one game, Suryavanshi flops twice in a row

Teenage sensation Vaibhav Suryavanshi, the 14-year-old Rajasthan Royals batsman, is facing a...

By 0 14

'This is a crime': Puri Jagannath temple chief servitor slams Mamata govt over Digha temple

By 0 22

Khushi revealed how dadi Nirmal urged her to find a BF

Nirmal Kapoor, grandmother of Khushi Kapoor, passed away peacefully at 90 on May 2, 2025. Khushi...

By 0 33