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<h1>Cabinet Approves Aditya Birla Telecom's Proposal for 74% Foreign Investment, Issuing 2.5M Shares to P5 Asia.</h1> The Cabinet Committee on Economic Affairs approved Aditya Birla Telecom Ltd.'s proposal to receive foreign investment from P5 Asia Holding Investments (Mauritius) Ltd. The approval includes issuing 2.5 million compulsorily convertible preference shares to P5 Asia for approximately INR 2704.21 crore, representing 20% of the company's share capital. The foreign investment limit in Aditya Birla Telecom is increased to 74%. The company will act as an operating cum holding company, acquiring shares in Indus Towers Ltd. and holding 100% of Idea Cellular Towers Infrastructure Ltd. This approval results in significant foreign direct investment in India.