News

You can follow us on Twitter: @CNBCTV18Live @CNBCTV18News

And on Facebook, LinkedIn, Instagram and Telegram

The stock ended at a price of ₹8.04 on Friday, down 7.4% from last closing price.

The Vodafone Idea stock has dialled back some of its losses, now down 7.6% after the Supreme Court decision to defer AGR dues verdict to next month.Vodafone Idea has warned that any extra demand for adjusted gross revenue (AGR) dues could further strain its already fragile finances. The company is simultaneously trying to raise capital, scale up its 4G network, and fast-track 5G deployment — efforts that may be slowed by higher payouts. The added pressure could affect its 18,000 employees and nearly 198 million subscribers, potentially disrupting service quality and growth plans.

Vodafone Idea shares have further extended losses as the Supreme Court has deferred its AGR dues verdict to October 6. This comes after the Centre asked for more time from the top court.

The Indian government holds a 48.99% stake in Vodafone Idea (Vi), making it the largest shareholder in the company, after converting outstanding spectrum dues into equity. This significant stake was acquired in April 2025 when the company allotted ₹36,950 crore worth of shares to the government. 

Vodafone Idea stock has extended losses, currently trading 7.1% lower during the afternoon. This comes after the SC deferred its verdict on the AGR dues till October 6 after the government asked for more time.Vodafone Idea’s adjusted gross revenue (AGR) dues stood at about ₹83,400 crore as of March 2025, with nearly ₹18,000 crore due by the end of FY26. The telecom operator had cash reserves of only ₹9,930 crore at the end of March, sparking concerns over its ability to meet repayment obligations without additional funding or relief measures.

Earlier this week, brokerage firm Citi called Vodafone Idea a “high-risk buy” in its note. It also has a target price of Rs 10 apiece.

Only 4 out of the 22 analysts having coverage on Vodafone Idea have a “buy” rating on the stock, six say “hold”, while 12 have a “sell” recommendation.

Vodafone Idea shares are currently down 56.2% at Rs 8.14 apiece. The stock continues to trade below its recent FPO price of Rs 11 apiece.

Vodafone Idea shares continue to trade 6% lower after the top court deferred its AGR dues verdict to October 6.

The Supreme Court has delayed the verdict with regards to the Adjusted Gross Revenue (AGR) dues filed by Vodafone Idea Ltd. to October 6 as the government has sought more time.

The stock continues to trade with losses of over 6%.

here

Vodafone Idea continues to extend losses after the Supreme Court deferred its verdict on AGR dues till October 6.

The stock is currently down 6.5% at Rs 8.12 apiece.

Vodafone Idea shares have extended their losses and are currently trading 5.5% lower. This comes after the SC deferred its verdict on the AGR dues till October 6 after the government asked for more time

The Centre has asked for time till October 6. The Supreme Court deferred the verdict till then,

The Supreme Court’s hearing on Vodafone Idea’s AGR dues plea is likely to begin soon

Vodafone Idea shares which witnessed a little recovery are now trading nearly 4% lower again ahead of the SC hearing on AGR dues.

The AGR hearing is likely to begin around 11 am.

Vodafone Idea shares are off day’s low.

The stock, which declined up to 4% in trade today, is currently down 1.7%.

In July, the minister of state for communications, Chandra Sekhar Pemmasani, had told CNBC-TV18 that the Centre was not looking at extending any additional relief to the financially-stressed telecom company.

Referring to the 2021 support package, as per which around ₹53,000 crore of dues were converted into equity, giving the Centre a 49% stake, Pemmasani said, “”Whatever we wanted to do has already been done. Vodafone is up to their management… they know how to manage and it’s up to them to take it forward.”

Earlier this week, brokerage firm Citi called Vodafone Idea a “high-risk buy” in its note. It also has a target price of Rs 10 apiece.

Only 4 out of the 22 analysts having coverage on Vodafone Idea have a “buy” rating on the stock, six say “hold”, while 12 have a “sell” recommendation.

Debt-laden Vodafone Idea’s plea is against the Department of Telecom’s (DoT) additional AGR demand. It petitioned the Supreme Court to set DoT’s demand for ₹9,450 crore in additional AGR dues, arguing that it goes beyond the scope of the top court’s previous ruling on AGR liabilities.

As per reports, the DoT had previously filed an affidavit defending its stance, saying the additional dues represented a ‘gap’ from previous accounting and was not a reassessment. It maintained that these liabilities emerged after the competition of financial accounts and were not covered under the Supreme Court’s 2019 judgment.

Of the ₹9,450 crore, a total of ₹2,774 crore comprises the FY18-19 dues of the merged identity Vodafone Idea and Idea group, after their consolidation in August 2018. As much as ₹5,675 crore is with regards to the pre-merger Vodafone Group.

The telecom company contested the calculation, claiming some amounts were duplicated and sought fresh reconciliation starting from pre-FY17.

The Supreme Court observed there has to be some finality to these proceedings. It then deferred Vodafone idea’ plea to Friday, September 26.

The Centre told the top court that it does not oppose the telecom company’s plea on adjusted gross revenue (AGR) dues.

However, some solution is required as the Centre is an equity holder as well.

The Centre is the largest shareholder in Vodafone Idea, holding a 49% stake, but is not classified as a promoter.

Vodafone Idea shares declined up to 4% to hit an intraday low of 8.32 apiece today.

The stock is currently down 2.7%

Welcome to CNBC-TV18’s LIVE blog on today’s Supreme Court hearing of Vodafone Idea’s AGR dues plea. Check this space for minute-by-minute updates.NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.