Vodafone Idea Shares Soar 9% on Rs 5836 Cr Vodafone Group Funding & Govt Relief

Business
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Moneycontrol•01-01-2026, 11:26
Vodafone Idea Shares Soar 9% on Rs 5836 Cr Vodafone Group Funding & Govt Relief
- •Vodafone Idea shares surged 9% to Rs 11.75 on Jan 1, 2026, boosting market cap to Rs 1.27 lakh crore.
- •The company will receive Rs 5836 crore from Vodafone Group as part of a liability claim re-settlement agreement.
- •Vodafone Group promoters will release Rs 2307 crore over 12 months and set aside 328 crore shares for Vi's benefit.
- •Government approved a 5-year moratorium on Vodafone Idea's Rs 87,695 crore AGR dues, deferring repayment to FY 2031-32.
- •Vodafone Idea's shares have climbed 40% in 3 months; Q2 FY26 net loss decreased, and revenue rose.
Why It Matters: Vodafone Idea gains significant financial relief and funding, driving a sharp rise in its share price.
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