Vodafone Idea to amend shareholders’ pact to retain promoter control despite government’s 49% stake – Times of India
Debt-laden Vodafone Idea Ltd (Vi) said on Friday that its board has approved changes to the shareholders’ agreement to allow promoters — Aditya Birla Group and Vodafone Group — to retain governance and management rights, even as the Indian government’s stake in the company has risen to 48.99%.The proposed amendment, approved during a board meeting…
