Vodafone Idea Seals Rs. 6,394-Crore Pact With Vodafone Group To Close Long-Standing CLAM Chapter

Updated: December 31, 2025 22:00

Vodafone Idea Ltd has executed an amendment agreement with its promoter group, Vodafone Group Promoters, to settle the Contingent Liability Adjustment Mechanism (CLAM) arising from the 2017 merger between Vodafone India and Idea Cellular. The agreement ensures recoverability of the outstanding CLAM amount of Rs. 6,394 crore through a defined mix of cash and share-linked mechanisms.

Stay Ahead – Explore Now! Saptak Chem and Business Ltd Announces Leadership Change MD Manthan Bhavsar Steps Down

STORIES YOU MAY LIKE

Gloster Ltd to Invest ₹50 Million in SPV Equity for Strategic Expansion

India Imposes Provisional Anti-Dumping Duty on Met Coke Imports to Shield Domestic Industry

Amara Raja Energy & Mobility receives ₹44 million tax penalty; to assess and pursue remedies