Idea Cellular Ltd has informed that the Board of Directors of the Company at its meeting held on October 11, 2007, inter alia, has approved the increase in Authorised Equity Share Capital of the Company by Rs 500 crores i.e. 50,00,00,000 equity shares of Rs 10 each to comply with one of the terms of long term financing tied up by the Company with Banks / FIs.
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