New Delhi, May 12 -- Shares of Vodafone Idea came under pressure after the telecom operator clarified that it had not received any communication from the Vodafone Group regarding reports suggesting a possible transfer of promoter shareholding to the company as treasury stock.

In an exchange filing issued on May 11, Vodafone Idea responded to media reports that claimed Vodafone Group was evaluating a proposal to transfer a portion of its stake in the company to strengthen Vodafone Idea's capital position and support its debt-raising efforts.

The company said, "We have not received any communication from the Vodafone Group in relation to the above-reported matter."

Vodafone idea shares slipped 4.59% to Rs.11.63 per share. This comes afte...