Vodafone Idea pays ₹149 cr. to Franklin MF
The Hindu
Franklin Templeton Mutual Fund said it had received a payment of close to ₹149 crore from Vodafone Idea Ltd. as interest on its securities investment, which will be distributed among investors of the
Franklin Templeton Mutual Fund said it had received a payment of close to ₹149 crore from Vodafone Idea Ltd. as interest on its securities investment, which will be distributed among investors of the segregated portfolios. “The interest amounting to ₹148.75 crore due from Vodafone Idea Ltd. on September 3,2021 for the security...(Non-convertible debenture) held in the segregated portfolio of five schemes has been received,” a Franklin Templeton MF spokesperson said. Of the six debt schemes of the fund house, which were wound up in April 2020, five had made investments in the telecom firm.
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