VIL shareholders approve Rs 436 cr equity allocation to Vodafone | Economic Times

VIL shareholders approve Rs 436 cr equity allocation to Vodafone https://ift.tt/ISh3XMx Group at present holds 58.46 per cent stake in the company and Aditya Birla Group 16.53 per cent. The company had raised Rs 3,375 crore from Vodafone Group and Rs 1,125 crore from Aditya Birla Group in March. VIL has been trying to raise funds in the range of Rs 20,000-25,000 crore from external sources since the last two years but has failed to attract any investor.