Vodafone Idea Seeks Approval for ₹4,730 Cr Warrant Issue
Published on: May 21, 2026, 5:45 a.m. | Source: scanx.trade
Vodafone Idea Limited has announced an Extraordinary General Meeting on June 11, 2026, via Video Conferencing to seek shareholder approval for issuing up to 430,00,00,000 warrants to Suryaja Investments Pte. Ltd. at ₹11 per warrant, aiming to raise ₹4,730 crore. The proceeds will be allocated towards capital expenditure for network expansion and repayment of loans, with Acuité Ratings appointed as the monitoring agency. Remote e-voting is open from June 8 to June 10, 2026, with a record date of June 4, 2026, for eligibility.
