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NDTV Profit Exclusive: Vodafone Idea To Launch Rs 18,000-20,000 Crore FPO Next Week
Vodafone Idea is planning to use the funds raised through FPOs largely for infrastructure investments.
10 Apr 2024, 09:07 PM IST
Vodafone Idea Ltd. is planning to launch a follow-on public offering next week to raise as much as Rs 20,000 crore, according to people aware of the development. The cash-strapped telecom operator has finalised anchor investors, the people said without providing the further details regarding the anchor investors. The investors likely involve private equity funds. The Aditya Birla Group’s telecom operator is planning to use the funds ...
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