Telecom major, Idea Cellular will seek shareholders’ nod for the merger with Vodafone India in a meeting scheduled to be held on October 12.

The company informed that as directed by the National Company Law Tribunal (NCLT) bench at Ahmedabad, a meeting of the equity shareholders, secured creditors and unsecured creditors of Idea Cellular Limited has been convened and will be held on Thursday, October 12, 2017, said the company in a BSE filing on Monday.

The purpose of the meeting is to consider and approve the Composite Scheme of Amalgamation and Arrangement among Vodafone Mobile Services Limited and Vodafone India Limited and Idea Cellular Limited and their respective shareholders and creditors, it said. – IIFL 




Future generation

India m2m-20171102


Read Current Edition of Communications Today