https://www.taxtmi.com/news?id=39197 The Ministry directed conversion of outstanding spectrum auction dues and deferred instalments into equity to be issued to the Government of India, increasing government shareholding to approximately 48.99 percent by issuance of new equity shares at face value within 30 days of required regulatory orders. The conversion, part of the September 2021 relief package, operates to absorb specified spectrum and AGR instalment liabilities while preserving promoter operational control and remains subject to securities regulator and other approvals. en-us Sun, 30 Mar 2025 22:01:03 +0530 Sun, 30 Mar 2025 22:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=39197 The Ministry directed conversion of outstanding spectrum auction dues and deferred instalments into equity to be issued to the Government of India, increasing government shareholding to approximately 48.99 percent by issuance of new equity shares at face value within 30 days of required regulatory orders. The conversion, part of the September 2021 relief package, operates to absorb specified spectrum and AGR instalment liabilities while preserving promoter operational control and remains subject to securities regulator and other approvals. News - Sun, 30 Mar 2025 22:01:03 +0530 https://www.taxtmi.com/news?id=39197