Vodafone Idea share price jumps today after ₹5,836 crore Vodafone Group deal and AGR moratorium headlines
Vodafone Idea shares jumped 6% in Mumbai after the company announced a revised settlement with Vodafone Group promoters, unlocking ₹5,836 crore via cash and shares. Vodafone Group said it would settle the liability with €219 million in cash and 3.28 billion shares. India has granted Vodafone Idea a partial moratorium on $9.76 billion in AGR dues, deferring repayments by a decade, according to a government source.