**Vodafone Idea Shares Rise 9% as Centre Seeks AGR Solution**
*By Mudit Dube | Sep 19, 2025, 01:27 PM*
Vodafone Idea’s shares surged by a significant 9% on Friday following a positive indication from the Indian government regarding the telecom company’s plea related to Adjusted Gross Revenue (AGR).
The Centre informed the Supreme Court that it was not opposing Vodafone Idea’s request and acknowledged that “some solution is required.” This development has brought much-needed relief to the beleaguered telecom operator, whose financial health has been under severe strain due to AGR-related dues.
**Government Stance**
The Centre told the Supreme Court, “Not opposing Vodafone Idea plea, some solution is required, government is also an equity holder. Some solution may be required, subject to Supreme Court approval.”
This statement confirms that the government is not against the company’s request and recognizes its position as a key stakeholder in Vodafone Idea. The Supreme Court is scheduled to hear the case on September 26.
**Background of the Case**
The case stems from a Supreme Court order in March 2020, which upheld AGR dues up to the financial year 2017 and barred reassessment for those periods. Despite this ruling, the Department of Telecommunications (DoT) raised fresh claims for the financial years 2018 and 2019.
Vodafone Idea contends that much of the new demand overlaps with settled periods, making the additional claims contentious.
Following the conversion of dues amounting to ₹53,083 crore into equity, the government now owns 48.99% of Vodafone Idea.
With total AGR liabilities approaching ₹2 trillion, Vodafone Idea has warned that the additional claims could threaten its survival, impact 198 million subscribers, and put over 18,000 jobs at risk.
The telecom industry and investors alike are closely monitoring the Supreme Court’s upcoming hearing, hoping for a resolution that ensures the company’s sustainable future.
https://www.newsbytesapp.com/news/business/centre-urges-sc-for-agr-resolution-vodafone-idea-shares-surge/story