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Idea Cellular gets shareholders’ nod for merger with Vodafone India

Idea Cellular gets shareholders' nod for merger with Vodafone IndiaMumbai, Oct 13 (IANS) Majority shareholders of Idea Cellular have approved the merger of its mobile business with Vodafone India, a regulatory filing said here on Friday.

The Aditya Birla Group company got the majority shareholders' nod for the merger approval in a meeting on October 12.

The shareholders meeting was convened following an order by the National Company Law Tribunal Bench at Ahmedabad.

 

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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Idea Cellular gets shareholders' nod for merger with Vodafone India

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.