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Vodafone Idea secures promoter payout deal worth ₹5,836 crore
Vodafone Idea secured a ₹5,836 crore promoter payout, with about ₹2,307 crore due within 12 months to support liquidity and operations.
Vodafone Idea Ltd. finalized arrangements to secure a promoter payout of about ₹5,836 crore, expected to bring ₹2,307 crore into the company within the next 12 months. The agreement aims to bolster the telecom operator’s liquidity position as it navigates competitive pressures and network expansion efforts. The funds are part of measures to strengthen capital structure and support ongoing operations.