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The UK-based company, in its initial effects for fiscal 2022, said it no longer sees an exit from the Rs 6. 4 billion corpus set up by the mechanism as of March 31, 2022, as “significant uncertainties in relation to VIL’s ability to invoice (Vodafone) in relation to liabilities that would be covered by the mechanism. “
“Mr. Balakrishnan V submitted his resignation from the position of non-executive chairman effective April 23, 2022,” Tejas said in the filing.