Vodafone Idea to get about ₹5,836 cr from Vodafone Group as part of a liability pact

New Delhi: Beleaguered telecom operator Vodafone Idea will receive around ₹5,836 crore from Vodafone Group as part re-settlement of a liability claim pact between the two companies, according to regulatory filings of both companies.

Under the revised agreement, Vodafone group promoters will release ₹2,307 crore over the next 12 months for Vodafone Idea as per the the terms agreed in the amendment agreement.

Vodafone Group has also set aside its 328 crore shares held in Vi for Vi’s benefit.