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Vodafone Idea has said it may be compelled to approach the National Company Law Tribunal (NCLT) for insolvency proceedings if additional help is not extended, says a report.
Vodafone Idea also flagged the potential risk to the government’s 49% equity stake in the company. (Reuters File Image)
Struggling telecom operator Vodafone Idea (Vi) has issued a fresh warning to the Indian government, stating it will be unable to continue operations beyond FY2025-26 without further state support, CNBC-TV18 has reported. The company has said it may be compelled to approach the National Company Law Tribunal (NCLT) for insolvency proceedings if additional help is not extended.
Despite a Rs 26,000 crore equity infusion…
