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Thursday, February 16, 2023

Govt may convert part of Vodafone Idea dues after 4-year moratorium: Analysts

Out of the expected annual regulatory payment, “the deferred component of Rs 17,400 crore can potentially be converted into equity by the government”, Credit Suisse said, adding: “VIL management did highlight the possibility of further stake increase by the government in case VIL is not able to meet its regulatory obligation.”

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