Vodafone Idea promoters pay Rs 17,920 cr to rights issue
The promoters of telecom major Vodafone Idea contributed Rs 17,920 crore to its Rs 25,000 crore rights issue against their initial commitment of Rs 18,250 crore due oversubscription by public shareholders, the company said on Sunday.
Announing the successful conclusion of its rights issue, Vodafone Idea said that its new shares are expected to be listed on the BSE and the National Stock Exchange on or around May 10. Image source: Reuters