Vodafone Idea Shares Fall Close to 4% as Supreme Court Delays AGR Hearing Till Post-Diwali

Mumbai, October 13, 2025 – Vodafone Idea Limited (NSE: IDEA) shares declined close to 4% on early trade Monday. This decline in shares came following the Supreme Court’s decision to adjourn the hearing of the company’s pending Adjusted Gross Revenue (AGR) case.

Supreme Court Adjourns AGR Case

The top court has now shifted Vodafone Idea’s plea to October 27, 2025, post-Diwali. The DoT was directed by the Supreme Court after it sought a clear stand. Vodafone Idea is challenging the DoT’s new demand of ₹5,606 crore for FY2016–17 and has requested a recalculation of all AGR dues till then as per the Deduction Verification Guidelines issued in February 2020.

The total AGR dues of Vodafone Idea are approximately ₹83,400 crore with biennial payments of ₹18,000 crore from March 2026. With interest and penalties, the total payment reportedly is over ₹2 lakh crore. The DoT is also said to be mulling a two-year moratorium, lower installments annually, and possible waiver on interest and penalties, giving relief to the telecom giant to some extent.

Market Snapshot

As of 2:26 PM IST on October 13, the stock is trading at ₹8.81, down ₹0.23 or 2.54% from yesterday’s closing price of ₹9.04. The stock hit an intraday low of ₹8.71 and a high of ₹9.19, with over 7.29 crore shares traded. The stock’s VWAP was at ₹8.96, while its market capitalization was around ₹96,208 crore. In the last month, Vodafone Idea shares have increased by nearly 10%, and the stock has increased over 22% in the last six months. Still, the year-to-date increase is modest at 11.6%.

Company Overview

Vodafone Idea Limited, traded on NSE as IDEA, belongs to the Telecom – Cellular & Fixed Line Services industry. The company has been reporting losses for the past eight quarters and still has substantial AGR dues pending, which are a drag on its balance sheet. Vodafone Idea is listed since March 9, 2007, and belongs to the NIFTY Midcap 150.

About Vodafone Idea

Vodafone Idea is among India’s largest telecom service providers, providing mobile and data connectivity nationwide. It is concentrated on financial restructuring, taking advantage of government support packages, network expansion, and the launch of 5G services to stabilize operations while it deals with its sizeable AGR dues.

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