Vodafone Idea Shares Soar 9% on Rs 5,836 Cr Infusion from Vodafone Group

Business
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Moneycontrol•01-01-2026, 12:12
Vodafone Idea Shares Soar 9% on Rs 5,836 Cr Infusion from Vodafone Group
- •Vodafone Idea shares surged 9% as the telco is set to receive Rs 5,836 crore from Vodafone Group.
- •The payment is part of a re-settlement of a liability claim pact between the two entities.
- •Vodafone Group promoters will release Rs 2,307 crore over the next 12 months, and 328 crore shares held in Vi are set aside for Vi's benefit.
- •This follows the Union Cabinet's likely approval of a five-year moratorium on Vodafone Idea's AGR dues, freezing them at Rs 87,695 crore.
- •Repayments for AGR dues are rescheduled over FY2032–41, with a government panel to reassess the final amount, though Vi awaits official communication.
Why It Matters: Vodafone Idea gets major financial boost from Vodafone Group and potential AGR relief, driving stock up.
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