Vodafone Idea Share Price Rises 6% Ahead of AGR Hearing on Sept 19

Vodafone Idea Ltd (Vi) witnessed a sharp rise of over 6% in early trade on Monday after news reports stated that the company’s case against the Department of Telecom (DoT) regarding additional Adjusted Gross Revenue (AGR) dues will be heard by the Supreme Court on September 19.

Dispute Over Additional AGR Dues

Vodafone Idea has challenged DoT’s demand of ₹9,450 crore in additional AGR dues, arguing that it exceeds the scope of the Supreme Court’s earlier ruling on AGR liabilities. Out of the total demand, ₹2,774 crore pertains to the merged Vodafone Idea entity post-2018, while ₹5,675 crore relates to Vodafone Group’s pre-merger liabilities.

The company maintains that certain amounts have been duplicated and has called for a recalculation of dues starting from the pre-FY17 period.

DoT’s Stand on the Demand

According to the Economic Times on September 12, DoT has justified the additional demand as a result of completing financial accounts, not as a reassessment. In its affidavit, DoT argued that the dues represent a “gap” in earlier calculations and therefore remain payable under the Supreme Court’s 2019 ruling.

Funding and Engagement with Government

Vodafone Idea has been in talks with banks for fresh funding, but lenders have sought clarity on the AGR issue before extending support. The company is also exploring non-banking sources of capital while continuing with its capital expenditure plans. CEO Akshaya Moondra expressed optimism that the government will support the sector, citing past interventions such as spectrum deferments, reform packages, and conversion of dues to equity.

Vodafone Idea Share Price Performance

On September 15, 2025, Vodafone Idea share price (NSE: IDEA) opened at ₹7.75, up from its previous close of ₹7.66. At 12:29 PM, the share price of Vodafone Idea was trading at ₹8.15, up by 6.15% on the NSE.

Also Read: Vodafone Idea Reports ₹6,608 Crore Loss in Q1FY26!

Conclusion

The upcoming Supreme Court hearing will be crucial for Vodafone Idea’s financial stability and future growth plans. A favourable resolution could clear the way for much-needed funding, while an adverse verdict may add further strain on the already debt-laden telecom operator.

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