Vodafone Idea Limited has made the interest payment due on 12th June 2020 on its debt security which is maturing on 10 Jul 2020. The payment has been received by several mutual funds like Franklin, Nippon India, UTI, and Aditya Birla.
Franklin Templeton has received Rs 102 crores against the interest payment.
All the money shall be distributed to investors in proportion to their holdings in the plans of the segregated portfolio and it will be transferred to the bank account of investors in the next few days. We would like to clarify that this payment is just an interest payment and the debt security will mature on 10th Jul 2020.
There have also been rumors of some global Tech companies interested in taking a stake in Indian telecom companies including Voda-Idea.