{"id":21188,"date":"2025-10-27T07:10:12","date_gmt":"2025-10-27T07:10:12","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/10\/27\/vodafone-idea-shares-jump-9-as-supreme-court-allows-centre-to-reconsider-agr-dues-issue-markets-news\/"},"modified":"2025-10-27T07:10:12","modified_gmt":"2025-10-27T07:10:12","slug":"vodafone-idea-shares-jump-9-as-supreme-court-allows-centre-to-reconsider-agr-dues-issue-markets-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/10\/27\/vodafone-idea-shares-jump-9-as-supreme-court-allows-centre-to-reconsider-agr-dues-issue-markets-news\/","title":{"rendered":"Vodafone Idea Shares Jump 9% As Supreme Court Allows Centre To Reconsider AGR Dues Issue | Markets News"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div id=\"story-9660663\">\n<p><span class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">Last Updated:<\/span><time class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">October 27, 2025, 12:35 IST<\/time><\/p>\n<h2 id=\"asubttl-9660663\" class=\"jsx-c9f81425ec968c48 jsx-2192268500 asubttl-schema\">A bench comprising Chief Justice B R Gavai and Justices K Vinod Chandran and Vipul M Pancholi heard the plea on October 27<\/h2>\n<div class=\"jsx-cc1b15cf85effb8b artsharwrp\"><a href=\"https:\/\/news18.co\/gnps-en-btn\" target=\"_blank\" class=\"jsx-91f4da8d48c13a79 gglebtn bgylw\"\/><\/p>\n<div id=\"artshare\" class=\"jsx-cc1b15cf85effb8b artshare\">\n<div class=\"jsx-cc1b15cf85effb8b stickdiv\">\n<div class=\"jsx-cc1b15cf85effb8b deskwrapstkdiv\">\n<div class=\"jsx-cc1b15cf85effb8b fontchange\"><img decoding=\"async\" src=\"https:\/\/images.news18.com\/dlxczavtqcctuei\/news18\/static\/images\/english\/font.svg\" height=\"30px\" width=\"30px\" alt=\"font\" title=\"font\" class=\"jsx-cc1b15cf85effb8b lazyload\"\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<figure class=\"jsx-c9f81425ec968c48 jsx-2192268500 amimg\"><img decoding=\"async\" alt=\"Vodafone Idea Shares\" title=\"Vodafone Idea Shares\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2021\/07\/1627283897_news18_logo-1200x800.jpg?impolicy=website&amp;width=400&amp;height=225\" loading=\"eager\" fetchpriority=\"high\" class=\"jsx-c9f81425ec968c48 jsx-2192268500\"\/><\/p>\n<p>Vodafone Idea Shares<\/p>\n<\/figure>\n<p id=\"0\" class=\"story_para_0\">Vodafone Idea shares reversed early losses and surged 9% on Monday after the Supreme Court allowed the Central government to reconsider the reassessment of the telecom operator\u2019s adjusted gross revenue (AGR) dues. The apex court observed that the matter lies within the policy domain of the Union government.<\/p>\n<p id=\"1\" class=\"story_para_1\">The ruling marks a significant relief for the debt-laden telecom company, opening a crucial policy window that could help Vodafone Idea sustain operations and attract new investments.<\/p>\n<h3>AGR case background<\/h3>\n<p id=\"3\" class=\"story_para_3\">On October 13, the Supreme Court had deferred the hearing of Vodafone Idea\u2019s plea in the AGR dues case to October 27. The debt-laden telecom firm has challenged the DoT\u2019s demand, seeking to quash additional AGR dues worth Rs 5,606 crore claimed for the period up to FY 2016\u2013 17.<\/p>\n<p id=\"4\" class=\"story_para_4\">AGR, or adjusted gross revenue, is the income metric used to determine licence fees and spectrum usage charges that telecom operators must pay to the government.<\/p>\n<p id=\"5\" class=\"story_para_5\">The apex court has previously adjourned the hearing several times at the request of both Vodafone Idea and Solicitor General Tushar Mehta, representing the Centre. The government, which holds nearly 50% equity in Vodafone Idea, had earlier said it was working toward an amicable resolution with the company.<\/p>\n<p id=\"6\" class=\"story_para_6\">Vodafone Idea has sought directions for the DoT to \u201ccomprehensively re-assess and reconcile all AGR dues for the period up to FY2016\u201317&#8243; in line with the Deduction Verification Guidelines issued on February 3, 2020.<\/p>\n<h3>Legal and regulatory timeline<\/h3>\n<p id=\"8\" class=\"story_para_8\">Earlier this year, the Supreme Court refused to review its 2021 order rejecting telecom companies\u2019 pleas to correct alleged errors in the AGR dues calculation.<\/p>\n<p id=\"9\" class=\"story_para_9\">In September 2020, the court had set a 10-year timeline for telecom service providers to clear AGR-related dues amounting to Rs 93,520 crore. It directed operators to pay 10% of the total dues by March 31, 2021, with the balance to be paid in annual instalments between April 2021 and March 2031.<\/p>\n<p id=\"10\" class=\"story_para_10\">The apex court had delivered its landmark verdict on the AGR issue in October 2019. Following the verdict, the DoT filed a plea seeking approval for staggered repayment of dues over 20 years.<\/p>\n<p id=\"11\" class=\"story_para_11\">Previously, AGR calculations included both telecom and non-telecom income\u2014such as interest earned from deposits or asset sales. However, in 2021, the government revised the definition to exclude non-telecom income, easing the financial burden on operators.<\/p>\n<div class=\"jsx-95088aad1b3c53cd atawrap\">\n<div class=\"jsx-95088aad1b3c53cd atadetailwrp\">\n<div class=\"jsx-95088aad1b3c53cd ataname\"><span class=\"jsx-95088aad1b3c53cd atthumb\"><\/p>\n<figure class=\"jsx-95088aad1b3c53cd\"><img decoding=\"async\" alt=\"Aparna Deb\" title=\"Aparna Deb\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/?impolicy=website&amp;width=60&amp;height=60\" class=\"jsx-95088aad1b3c53cd\"\/><\/figure>\n<p><\/span><\/p>\n<div class=\"jsx-95088aad1b3c53cd attitle\"><a href=\"https:\/\/www.news18.com\/byline\/aparna-deb-20948.html\" class=\"jsx-95088aad1b3c53cd atamail\">Aparna Deb<\/a><\/p>\n<p>Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a&#8230;<span class=\"jsx-95088aad1b3c53cd aurpdebtn\">Read More<\/span><\/p>\n<\/div>\n<\/div>\n<p>Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a&#8230;<!-- --> <span class=\"jsx-95088aad1b3c53cd aurpdebtn\">Read More<\/span><\/p>\n<\/div>\n<\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-2192268500 artcta\"><a href=\"https:\/\/news18.co\/n18egpab\" target=\"_blank\" rel=\"noopener noreferrer\">Follow News18 on Google<\/a>. Join the fun, play <a href=\"https:\/\/www.news18.com\/games\/\">QIK games on News18<\/a>. Stay updated with all the latest business news, including <a href=\"https:\/\/www.news18.com\/business\/markets\/\">market trends<\/a>,\u00a0<a href=\"https:\/\/www.news18.com\/topics\/stocks-to-watch\/\">stock updates<\/a>,\u00a0<a href=\"https:\/\/www.news18.com\/business\/tax\/\">tax<\/a>, IPO,\u00a0<a href=\"https:\/\/www.news18.com\/business\/banking-finance\/\">banking finance<\/a>, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also <span data-olk-copy-source=\"MessageBody\">Download the\u00a0<a href=\"https:\/\/onelink.to\/eng-article-eop\">News18 App<\/a> to stay updated.<\/span><\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-2192268500 atbtlink fp\"><span>First Published:<\/span><\/p>\n<div class=\"rs\">\n<p>October 27, 2025, 11:18 IST<\/p>\n<\/div>\n<\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-2192268500 brdcrmb\"><a href=\"https:\/\/www.news18.com\/\">News<\/a>  <a href=\"https:\/\/www.news18.com\/business\/\">business<\/a>  <a href=\"https:\/\/www.news18.com\/business\/markets\/\">markets<\/a>  <span class=\"brdout\"> Vodafone Idea Shares Jump 9% As Supreme Court Allows Centre To Reconsider AGR Dues Issue<\/span><\/div>\n<div id=\"coral-wrap\" class=\"jsx-ba4d8f086a12294f \">\n<div class=\"jsx-ba4d8f086a12294f coral-cont\">\n<div class=\"jsx-ba4d8f086a12294f coltoptxt\">Disclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our <a href=\"https:\/\/www.news18.com\/disclaimer\/\" class=\"jsx-ba4d8f086a12294f\">Terms of Use<\/a> and <a href=\"https:\/\/www.news18.com\/privacy_policy\/\" class=\"jsx-ba4d8f086a12294f\">Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\n<p><span class=\"jsx-c9f81425ec968c48 jsx-2192268500 rmbtn news18_read_more\">Read More<\/span><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.news18.com\/business\/markets\/vodafone-idea-shares-rise-ahead-of-key-agr-case-hearing-in-supreme-court-9660663.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Updated:October 27, 2025, 12:35 IST A bench comprising Chief Justice B R Gavai and Justices K Vinod Chandran and Vipul M Pancholi heard the plea on October 27 Vodafone Idea Shares Vodafone Idea shares reversed early losses and surged 9% on Monday after the Supreme Court allowed the Central government to reconsider the reassessment&#8230;<\/p>\n","protected":false},"author":1,"featured_media":627,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-21188","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/21188","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=21188"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/21188\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/627"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=21188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=21188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=21188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}