Vodafone Idea’s (Vi) shareholders have approved various proposals, including raising the telco’s borrowing limit and issuance of securities of up to Rs 150 billion.

The shareholders’ nod came at Vi’s recent annual general meeting (AGM) held on September 30, 2020.

Besides, the raise in borrowing limits, Vi’s shareholders also approved proposals including alteration of Articles of Association of the company, creation of security on properties and transactions with Indus Towers and Bharti Infratel.

Further,  various other proposals which are expected to enable Vi to pay statutory dues and stay afloat, were also put up for voting in the meeting.