
Vodafone Idea's promoters will settle legacy merger liabilities totaling 3,529 crore by earmarking 3.28 billion equity shares. This follows an amended agreement to secure 5,836 crore, with a portion paid in cash and the remainder through the sale of these shares over five years. The promoters will retain ownership but cannot sell or transfer the shares except as agreed. The earmarked shares represent 3.03% of Vi's total equity.
Select a news story to see related coverage from other media outlets.