Managing Director and Chief Executive Officer of Vodafone Idea Limited (NSEI:IDEA), Ravinder Takkar said the company expects to conclude fund raising plan by the end of the current financial year. Vodafone Idea is evaluating the option of converting interest dues arising out of the deferment of statutory payments into equity, a senior company official said on Monday. The company is also in talks with banks and investors for raising funds and part of the proceeds is likely to be utilised towards meeting obligations related to debt maturing this fiscal, Vodafone Idea Chief Financial Officer Akshay Moondra said during the company's earning call. "We believe there will be renewed interest from investors. We are also in the process of updating our business plan. Once it is finalised we will make suitable disclosures on fund raising. We expect to conclude this exercise during this fiscal year," he said. "For the AGR dues, we are in discussion with the DoT (Department of Telecom) to determine the final amount in line with the Supreme Court judgement. Further, there is an option to convert such deferment into equity. We are evaluating this and we will be reverting on our decision on upfront conversion of interest into equity by the deadline of January 12, 2022," Moondra said. According to him, the company is also in discussions with banks and investors for raising both debt and equity. "These discussions also include some kind of arrangement of funding to be able to meet immediate maturities of debt which are coming up in the remaining quarter of FY'22".