Keeping telco alive immediate priority: Aditya Birla Group not planning to buy shares of Vodafone Idea from co-promoter
The Aditya Birla Group (ABG) has no plans to exercise its option under an existing shareholder pact to buy shares of from co-promoter, the UK’s Vodafone Group, and increase its 27.66% stake, two people aware of the matter said.
Under the pact, ABG has the…