S&R, CAM, Sidley act on Vodafone Idea 25,000 crore Rights Issue

Bar & Bench May 16 2019
Vodafone Idea Rights Issue

Vodafone Idea has raised 25,000 crores (US$3.6 billion) through a Rights Issue. The Vodafone Idea rights issue is the largest rights issue to date in India and the first capital raising by Vodafone Idea post the merger of Vodafone India and Aditya Birla owned Idea Cellular.

S&R Associates advised Vodafone Idea and the team was led by Partner Sandip Bhagat and Jabarati Chandra, along with Brajendu Bhaskar, Pratichi Mishra, Utkarsh Mishra, Rohini Sud and Sonal Bhargava.

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