Vodafone Group clears Rs 11,650 cr dues, releases pledged shares in Vodafone Idea

Vodafone Group cleared Rs 11,650 crore of its dues by pledging its shares in Vodafone Idea as collateral against its debts. The funds, raised through a debt arrangement with HSBC, are used to clear loans secured against its Indian assets, resulting in the release of the pledged shares.