Vodafone Idea Shares Dip Ahead of Supreme Court Hearing on AGR Dues

Vodafone Idea share price fell on Monday, October 13, 2025, as the Supreme Court prepared to hear the company’s plea concerning additional adjusted gross revenue (AGR) dues. 

The case, which has seen multiple adjournments, continues to weigh on investor sentiment. The court was earlier scheduled to deliver its verdict on October 6, but deferred the hearing after the Centre requested more time to present its position.

Possible Settlement Under Consideration

Reports suggest that a one-time settlement may be under review by the authorities to resolve Vodafone Idea’s long-standing AGR dispute. As per a Bloomberg report, discussions are ongoing regarding a potential waiver of interest and penalties, followed by a concession on the principal amount. 

This proposal, if implemented, could provide financial relief while aligning with the government’s broader efforts to strengthen international relations and ensure business continuity in the telecom sector.

Timeline of Adjournments

The Supreme Court hearing has faced multiple postponements over the past month. On September 19, the court deferred the matter after the Centre stated that a resolution was being considered, given its equity stake in the company. 

A week later, on September 26, the government once again sought additional time, leading to another rescheduling for October 6. The matter was then pushed to October 13 following another request from the Centre.

Nature of the Plea

The company’s plea challenges the Department of Telecommunications’ (DoT) additional AGR demand of ₹9,450 crore. Vodafone Idea argues that this amount goes beyond the scope of the Supreme Court’s previous ruling on AGR liabilities. 

The company states that a portion of the amount, around ₹2,774 crore, relates to the financial year 2018 to 2019 after the merger of Vodafone and Idea, while ₹5,675 crore pertains to obligations from before the merger. It has requested a fresh reconciliation of accounts, claiming that some calculations were duplicated.

Centre’s Position

Government representatives have maintained that no additional relief beyond the 2021 support package is under consideration. Under that package, around ₹53,000 crore of dues were converted into equity, giving the government a nearly 49% stake in the telecom company. While the Centre remains the largest shareholder, it does not hold promoter status.

Vodafone Idea Share Price Performance

As of 10:14 AM on October 13, 2025, Vodafone Idea share price stood at ₹8.96, down 0.88% from the previous close of ₹9.04 on the NSE. The stock opened at ₹9.02 and moved between ₹8.87 and ₹9.13 during early trade. 

Over the past year, Vodafone Idea share price has fluctuated between ₹6.12 and ₹10.47, reflecting moderate market movement. With a market capitalisation of ₹97,942 crore, the company continues to remain a key player in the telecom sector.

Read more: Vodafone Idea Share Price in Focus: 5G Rollout and ARPU Growth Drive Investor Attention

Conclusion

While discussions around a potential one-time settlement continue, the company’s financial outlook and Vodafone Idea share price remain sensitive to legal and regulatory outcomes. Investors are likely to watch closely for the court’s decision, which could influence the next phase of the telecom firm’s recovery.

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