Vodafone Idea Fails To Repay January Installment Of Dues To Indus Towers, Say Sources | Trading Hour

Описание: Vodafone Idea has failed to repay its January 2023 installment of pending dues to Indus Towers, people with knowledge of the matter told CNBC-TV18.

Indus Towers had allowed Vodafone Idea to pay pending dues amounting to Rs 7,000 crore in installments until July 2023, after the latter had sought softer repayment terms.

The board of Indus Towers will meet today at 3 PM where sources say that the next course of action post the non-payment would be considered. The board will also consider quarterly earnings for the October-December period.

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