Jnews is about news!

Shareholders’ Nod For Rs 1,600 Crore OCD Issue To ATC Lapsed In Absence Of Government Response: Vodafone Idea

“As the company has not received any communication from the Government of India on such conversion, the issuance of OCDs to ATC has not been completed, within the validity period of the shareholders’ resolution, i.e. 15 days from the date of passing of the resolution. Accordingly, the shareholders’ resolution has lapsed,” VIL said in a regulatory filing.

Leave a Reply

Your email address will not be published. Required fields are marked *