Tag: convertible debentures

Telecom operator Vodafone Idea said on Monday a shareholder had committed to provide up to 20 billion rupees ($240.54 million) to the company to meet its payment obligations.The company's total gross debt as of June 30 stood at 2.12 trillion rupees, comprising deferred spectrum payment obligations of 1.34 trillion rupees and adjusted gross revenue dues of 668.6 billion rupees owed to the government. Also read: Vodafone Idea’s losses widen to ₹7,840 crore in Q1Debt from banks and financial institutions stood at 95 billion rupees and optionally convertible debentures amounted...