
Vodafone Idea's stock rose after announcing a promoter-led capital infusion of approximately Rs 5,836 crore. This infusion, formalized through an amendment with Vodafone Group, aims to strengthen the company's balance sheet and improve cash flow. The revised arrangement includes cash payments over 12 months and the earmarking of equity shares by certain Vodafone Group shareholders, with proceeds directed to Vodafone Idea. The company stated this strengthens its financial framework and cash flow predictability.
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