Vodafone Idea allots 4,000 OCDs to ATC 
Corporate Watch

Vodafone Idea allots 4,000 OCDs to ATC

Committee of board of directors of Vodafone has allotted a total of 4,000 number of unsecured, unrated and unlisted OCDs to ATC

PSU Watch Bureau

New Delhi: Vodafone Idea said in a regulatory filing that "the Capital Raising Committee of the Board of Directors of Vodafone Idea Limited has, at its meeting held on Tuesday, allotted a total of 4,000 number of unsecured, unrated and unlisted Optionally Convertible Debentures of the face value of Rs 10,00,000 each (OCDs) to ATC Telecom Infrastructure Private Limited (ATC)."

"With this, the entire transaction of issuance and allotment of 16,000 OCDs to ATC, as approved by the shareholders of the company at its Extra Ordinary General Meeting held on February 25 is now complete," said the filing.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Also Read

India remains ADB's largest private sector market; lender eyes $1 billion direct support in 2026

Draft satcom spectrum rules: Govt proposes layers of security approvals, conditional consumer service

Markets turn up: Sensex rises 407 pts, Nifty gains on lower oil, FII buying

PM Modi commissions three GRSE-built warships into Indian Navy

GRSE attains 'Navratna' status, CMD calls it a defining moment for shipyard