Vodafone Idea Secures ₹5,836 Crore from Promoters in Revised Merger Deal

• Vodafone Idea will recover ₹5,836 crore from its promoters, Vodafone Group, under a revised agreement.
• The sum settles liabilities from the 2017 merger of Vodafone India and Idea Cellular.
• Recovery includes ₹2,307 crore cash within 12 months and 3.28 billion Vi shares (worth ₹3,529 crore) over 5 years.
• This deal enhances Vodafone Idea's financial position and clarifies future cash flows.
• Despite the positive news, Vodafone Idea's stock declined by approximately 11% today.

Why It Matters: Vodafone Idea strengthens finances by securing ₹5,836 crore from promoters through a revised merger liability agreement.