Vodafone Group clears 11,650 crore dues raised against VIL shares

Quick Summary:

Vodafone Group cleared debt dues of Rs 11,650 crore by releasing pledges on shares of Vodafone Idea.

The pledged shares were raised against debt from HSBC Corporate Trustee.

These shares represent a 22.56% stake, currently valued at Rs 11,649 crore.

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Article Details

Author / Journalist: PTI

Category: EconomyBusiness

Markets: IndiaAustraliaCambodiaMauritius

Topics: Vodafone Group Equity shares Vodafone Idea Dues repayment Stakeholders

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-29 @ 03:54:59 (1 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 416 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 24719225

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