Vodafone Idea AGR Dues Hearing Now on 27 October; Vi Shares Dips

Vodafone Idea AGR Dues Hearing Now on 27 October; Vi Shares Dips

Vodafone Idea’s AGR Case Update 

The Supreme Court has deferred Vodafone Idea’s plea challenging the ₹5,606 crore AGR demand for FY 2016–17, directing the Centre to present a clear stance when the matter resumes after Diwali. 

Vodafone Idea’s latest plea urges the DoT to reassess and reconcile all AGR dues up to FY 2016–17, in accordance with the Deduction Verification Guidelines issued on February 3, 2020. The company argues that several charges were inaccurately computed and that the reassessment is critical for financial clarity. 

Earlier, the government had suggested continuous discussions with the company to explore a resolution route for long-standing AGR liabilities, with significant stress in the Vi balance sheet. 

Market Reaction 

Following the deferment, Vodafone Idea’s stock dropped 3.65% intraday to ₹8.71, reflecting investor concerns over delayed clarity on the AGR issue. The telco remains under pressure to raise funds, strengthen its network, and maintain operations while awaiting a legal resolution. 

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