US EditionVodafone Idea Enables Promoters To Retain Management Rights
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Vodafone Idea Enables Promoters To Retain Management Rights
Debt-ridden Vodafone Idea Ltd. on Friday said its board has approved an amendment in shareholders' agreement to enable promoters Aditya Birla Group and Vodafone Group to retain governance and management rights in the company notwithstanding the increased government's stake at 48.99%.The company will convene an extraordinary general meeting on June 3 to seek shareholder's nod for the same, according to a regulatory filing. "The Board of Directors…
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