Vodafone Group repays Rs 11,650 crore debt, pledge on Vodafone Idea shares released

Vodafone Group has successfully cleared a debt of approximately Rs 11,650 crore raised against shares of Vodafone Idea, according to a recent regulatory filing.

The UK-based telecom giant had previously pledged almost its entire stake in Vodafone Idea to secure this loan.The pledge was made in favor of HSBC Corporate Trustee Company (UK) for the debt raised by entities in Mauritius and India.