{"id":16100,"date":"2025-10-27T12:16:30","date_gmt":"2025-10-27T06:46:30","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=16100"},"modified":"2025-10-27T12:16:30","modified_gmt":"2025-10-27T06:46:30","slug":"vodafone-idea-shares-surge-sc-allows-agr-review","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/vodafone-idea-shares-surge-sc-allows-agr-review\/","title":{"rendered":"Vodafone Idea Shares Jump 9% as SC Allows Centre to Reconsider AGR Case"},"content":{"rendered":"<p data-start=\"366\" data-end=\"684\">Shares of <a href=\"https:\/\/www.niftytrader.in\/stocks-price\/idea\">Vodafone Idea Ltd<\/a> (VIL) surged nearly 9% on October 27, after the Supreme Court allowed the Centre to reconsider the company\u2019s plea related to Adjusted Gross Revenue (AGR) dues. The move signals a potential policy-level review of one of the telecom sector\u2019s most crucial financial disputes.<\/p>\n<p data-start=\"686\" data-end=\"894\">\u201cNo reason why the Centre should be prevented from reconsidering the issue,\u201d said the Supreme Court bench headed by Chief Justice B.R. Gavai, along with Justices K. Vinod Chandran and Vipul M. Pancholi.<\/p>\n<p data-start=\"896\" data-end=\"1047\">At 11:48 am, Vodafone Idea shares were up 9% at \u20b910.47 apiece on the NSE, reflecting positive investor sentiment after the court\u2019s statement.<\/p>\n<h2 data-start=\"1054\" data-end=\"1091\">Centre to Review AGR Dues Issue<\/h2>\n<p data-start=\"1093\" data-end=\"1433\">The Union Government informed the court that it is open to re-examining Vodafone Idea\u2019s request in the AGR case. The Solicitor General, Tushar Mehta, representing the Centre, highlighted that the government holds nearly 50% equity in Vodafone Idea, making it a direct stakeholder in the company\u2019s survival and revival.<\/p>\n<p data-start=\"1435\" data-end=\"1572\">He stated, <em data-start=\"1446\" data-end=\"1526\">\u201cSome solution may have to be found out, subject to your lordship\u2019s approval\u2026\u201d<\/em> indicating possible relief or reassessment.<\/p>\n<p data-start=\"1574\" data-end=\"1865\">Vodafone Idea has filed a fresh plea against the Department of Telecommunications (DoT)\u2019s demand of \u20b95,606 crore relating to the 2016\u201317 financial year, seeking a comprehensive reassessment of dues under the Deduction Verification Guidelines issued on February 3, 2020.<\/p>\n<p data-start=\"1574\" data-end=\"1865\">Also Read:<a href=\"https:\/\/www.niftytrader.in\/content\/microsoft-teams-auto-detect-office-location\/\"> Microsoft Teams to Automatically Detect When You\u2019re in Office<\/a><\/p>\n<h2 data-start=\"1872\" data-end=\"1903\">Background of AGR Dispute<\/h2>\n<p data-start=\"1905\" data-end=\"2050\">The AGR dispute determines how telecom operators calculate their revenues to pay licence fees and spectrum usage charges to the government.<\/p>\n<p data-start=\"2052\" data-end=\"2277\">The Supreme Court\u2019s 2019 ruling upheld the DoT\u2019s definition of AGR, which included both telecom and non-telecom income (like interest or asset sales). This significantly increased the dues owed by telecom companies.<\/p>\n<p data-start=\"2279\" data-end=\"2459\">In 2020, the top court allowed 10 years for telcos to clear their AGR dues, with 10% payable upfront by March 2021, and the rest in annual instalments till 2031.<\/p>\n<p data-start=\"2461\" data-end=\"2637\">The DoT\u2019s total AGR demand from telecom operators was estimated at \u20b993,520 crore, creating major financial pressure on companies like Vodafone Idea and Bharti Airtel.<\/p>\n<p data-start=\"2639\" data-end=\"2783\">However, in 2021, the rules were relaxed to exclude non-telecom income from AGR calculations \u2014 providing some relief to operators.<\/p>\n<h3 data-start=\"2790\" data-end=\"2829\">What does this mean for Vodafone Idea?<\/h3>\n<p data-start=\"2831\" data-end=\"3080\">This latest development comes as a positive step for Vodafone Idea, which has long been burdened by high AGR dues. The company\u2019s management and investors are hopeful that a reconsideration by the Centre could ease the financial stress.<\/p>\n<p data-start=\"3082\" data-end=\"3282\">Analysts believe that if the government agrees to reassess or rationalise AGR calculations, it could improve Vodafone Idea\u2019s balance sheet and boost confidence in the broader telecom sector.<\/p>\n<p data-start=\"3284\" data-end=\"3487\">Shares of Vodafone Idea have gained momentum, as investors interpret the Supreme Court\u2019s direction as a possible start to a policy-level resolution in favour of the struggling telecom operator.<\/p>\n<p data-start=\"3284\" data-end=\"3487\"><em><strong>Click here to explore:<\/strong><\/em><br \/>\n<a href=\"https:\/\/www.niftytrader.in\/fii-dii-data\">FII DII Data<\/a><br \/>\n<a href=\"https:\/\/www.niftytrader.in\/ipo\">IPO<\/a><br \/>\n<a href=\"https:\/\/www.niftytrader.in\/sensex-today?\">BSE Sensex<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Vodafone Idea Ltd (VIL) surged nearly 9% on October 27, after the Supreme Court allowed the Centre to reconsider the company\u2019s plea related to Adjusted Gross Revenue (AGR) dues. The move signals a potential policy-level review of one of the telecom sector\u2019s most crucial financial disputes. \u201cNo reason why the Centre should be [&hellip;]<\/p>\n","protected":false},"author":10,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1386],"class_list":{"0":"post-16100","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":1386,"user_id":10,"is_guest":0,"slug":"ruchikadave","display_name":"Ruchika Dave","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/07\/Ruchika-Dave.jpg","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/07\/Ruchika-Dave.jpg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/16100","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=16100"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/16100\/revisions"}],"predecessor-version":[{"id":16102,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/16100\/revisions\/16102"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/16101"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=16100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=16100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=16100"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=16100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}