Vi Says Govt Can Go ahead with Equity Conversion, Indus Report is Wrong
Vodafone Idea (Vi) has issued a clarification on a statement from the Indus Towers Q2 FY23 report that has been making rounds online. It was mentioned in the Indus report that until the time Vi's stock price reaches Rs 10 or goes beyond that, the government won't convert the interest dues into equity for itself. Post the equity conversion, the Indian govt is expected to hold a 1/3 stake in... Read More