Vodafone Idea shares surged up to 8.5% in intraday trade, extending gains amid key relief measures. The telco secured Rs 5,836 crore from Vodafone Group via an amended merger pact, with Rs 2,307 crore due in 12 months, plus earmarked shares worth Rs 3,529 crore. Coupled with the government's Cabinet-approved freeze on Rs 87,695 crore AGR dues—payable from FY32 over 10 years—this eases liquidity woes for the debt-burdened operator.
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