On Friday, the government agreed to convert Vi’s 16,133.18 crore accrued interest on deferred adjusted gross revenue (AGR) dues into equity at 10 a share. The move came after it received an assurance from Vi’s promoters that they are committed to the company and would bring in the necessary funds.
from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/2hsVQUv
Saturday, February 4, 2023
Govt’s equity pick may help Vodafone Idea refinance debt
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