Vodafone Idea has issued a clarification regarding a recent news article that discussed a 12% surge in the company’s shares following speculation about the government not opposing relief pleas. The company stated that it had challenged additional AGR demands raised by the Department of Telecommunications before the Hon’ble Supreme Court. The matter is listed before the Hon’ble Supreme Court, with the next hearing scheduled for September 26, 2025.
Response to Share Surge News
Vodafone Idea Limited has responded to a news article that discussed a 12% surge in the company’s shares. The news piece suggested the surge was related to speculation about the government potentially not opposing relief pleas concerning the company.
AGR Demand Challenge
Vodafone Idea clarified that it has challenged additional Adjusted Gross Revenue (AGR) demands raised by the Department of Telecommunications (DoT). This challenge has been brought before the Hon’ble Supreme Court.
Upcoming Hearing
The next hearing regarding this matter before the Hon’ble Supreme Court has been scheduled for September 26, 2025. Vodafone Idea is awaiting further updates and a copy of the order from the court.
Information Dissemination
Vodafone Idea is providing this information for the public’s understanding and dissemination.
Source: BSE
