Vodafone Idea has addressed concerns regarding a news article that discussed the impact of the Supreme Court’s order on AGR dues, which led to a significant drop in share value. The company has clarified its position, stating that the court order was uploaded on the website on October 29, 2025. Vodafone Idea reiterates its previously stated stance and has no additional comments at this time.
AGR Dues and Market Reaction
Vodafone Idea (Vi) has issued a statement in response to a news article that discussed the uncertainty surrounding the company’s AGR (Adjusted Gross Revenue) dues and its effect on share prices. The article, which appeared in mainstream media, noted that Vodafone Idea shares had declined by 11% following the Supreme Court’s written order.
Company’s Position
Vi clarifies that the Supreme Court order related to the AGR matter was uploaded to the court’s website on the evening of October 29, 2025. A copy of this order was included with the company’s statement. Vodafone Idea reasserts its prior communication regarding the matter and states it has no further remarks to add at this moment. The company provided this information for public awareness and dissemination.
Supreme Court Order Summary
The Supreme Court of India addressed a writ petition filed by Vodafone Idea related to demands for additional Adjusted Gross Revenue (AGR) for the financial year 2016-2017. The court noted that the Union of India is willing to reconsider issues raised by the petitioners, especially given the government’s 49% equity stake in the company and the public interest involved (20 crore customers).
The court clarified that its order pertains only to Vodafone Idea, considering the unique circumstances, including the government’s equity stake and the impact on a large consumer base.
Source: BSE
