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IDEA Vodafone Idea News Story

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Brief: Vodafone Idea Enters Into Amendment Pact With Promoter Group Shareholders

Dec 31 (Reuters) - Vodafone Idea Ltd VODA.NS:

ENTERED INTO AN AMENDMENT AGREEMENT WITH ITS PROMOTER OR PROMOTER GROUP SHAREHOLDERS

58.36 BILLION RUPEES RECEIVABLE FROM VODAFONE GROUP PROMOTERS AS PER AMENDED AGREEMENT

DEFINED AMOUNT OF 23.07 BILLION RUPEES WILL BE  RELEASED BY VODAFONE GROUP PROMOTERS OVER NEXT 12 MONTHS

PORTION OF CLAM AMOUNT SECURED VIA EARMARKING OF 3.28 BILLION SHARES BY VODAFONE GROUP SHAREHOLDERS FOR 5 YEARS

Source text: ID:nBSE5n8kWF

Further company coverage: VODA.NS

 ((Reutersbriefs@thomsonreuters.com;))

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