Debt-ridden Vodafone Concept Ltd.’s board will contemplate fundraising choices together with approval of its monetary outcomes on Could 30, the corporate mentioned on Tuesday.
The board will mull proposals for elevating funds in a number of tranches, both by the use of a rights problem or additional public provide or personal placement (together with preferential allotment or certified establishments placement) or by every other permissible mode, in response to a inventory change submitting.
Fundraise by bonds together with overseas foreign money convertible bonds, convertible debentures, warrants, and/or nonconvertible debentures together with non-convertible debentures together with warrants, which can or might not be listed, may also be an possibility.
Vodafone Concept board may even meet and contemplate approving its monetary efficiency for the March quarter in addition to fiscal 2025, the submitting mentioned.