Vodafone Idea to receive Rs 5,836 crore from Vodafone Group under revised liability pact - News Summed Up

Vodafone Idea to receive Rs 5,836 crore from Vodafone Group under revised liability pact


Beleaguered telecom operator Vodafone Idea will receive around Rs 5,836 crore from Vodafone Group as part of the re-settlement of a liability claim pact between the two companies, according to regulatory filings by both firms. Under the revised agreement, Vodafone Group promoters will release Rs 2,307 crore to Vodafone Idea over the next 12 months as per the terms agreed in the amendment agreement. ADVERTISEMENTVodafone Group has also set aside its 328 crore shares held in Vodafone Idea for the benefit of the company. Vodafone Idea will have the right to instruct Vodafone to sell these shares in one or more tranches, with any cash proceeds being transferred to Vodafone Idea. A Contingent Liability Adjustment Mechanism was entered into between Vodafone Group and Vodafone Idea at the time of the 2017 merger agreement between Vodafone India and Idea Cellular.


Source: The Telegraph December 31, 2025 15:20 UTC



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