Vodafone Idea Share Price Surges Ahead of Crucial Supreme Court AGR Hearing
Ahead of the Supreme Court hearing on Vodafone Idea’s appeal to have the Department of Telecommunication’s extra adjusted gross revenue (AGR) demands for the years 2016–17 quashed, the company’s share price increased by more than 1% on Monday.
The case will be heard by a bench consisting of Chief Justice B R Gavai, Justices K Vinod Chandran and Vipul M Pancholi on October 27, when the Supreme Court reopens following the Diwali holiday. In contrast to its previous closing of ₹9.62 per share, Vodafone Idea’s share price started higher on the BSE at ₹9.63 per share. To reach an intraday high of ₹9.80 per share, the telecom stock increased by as much as 1.87%.
Timeline for the AGR Case
The Supreme Court postponed hearing Vodafone Idea’s petition in the AGR dues matter until October 27 on October 13. The indebted telecom company has contested the DoT’s demand, aiming to settle further AGR claims totaling ₹5,606 crore for the years up to FY2016–17.
The revenue amount known as AGR is used to determine the spectrum charges and license fees that telecom businesses are required to pay to the government.
The highest court had previously repeatedly delayed the case’s hearing at the request of the telecom corporation and the Center’s attorney general, Tushar Mehta.
In the past, the federal government has said it was collaborating with the company to find a solution. Mehta claimed that because the government controlled more than 50% of Vodafone Idea, it had a direct interest in the company’s success. According to the “Deduction Verification Guidelines” dated February 3, 2020, VIL has requested that the DoT “comprehensively re-assess and reconcile all AGR dues for the period up to FY 2016-17.”
The supreme court denied telecom firms’ requests to correct claimed flaws in the computation of AGR dues owed by them earlier this year, refusing to reconsider its 2021 judgment.
The Supreme Court ordered telecom service providers to pay 93,520 crore in AGR-related debts within ten years in September 2020. 10% of the total dues, as determined by the DoT, must be paid by March 31, 2021, according to the directive. The rest amount must be paid in yearly installments between April 1, 2021, and March 31, 2031.
In October 2019, the Supreme Court rendered its historic decision regarding the AGR problem. The DoT then submitted a plea request, requesting authorization to settle the debt in installments over a 20-year period.
Both telecom and non-telecom revenue, such as interest received from deposits or profits from asset sales, were formerly included in the definition of AGR. To lessen the financial strain on telecom operators, the government changed the regulations in 2021 to remove non-telecom income from AGR calculations.
The price of Vodafone Idea shares was up 0.62% at ₹9.68 a share on the BSE at 10:30 AM.
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FAQ: Vodafone Idea Share Price & AGR Case Hearing – October 27, 2025
1. Why did Vodafone Idea’s share price rise today (October 27, 2025)?
Vodafone Idea’s share price rose by over 1% on Monday ahead of the Supreme Court hearing on its plea to quash the Department of Telecommunications (DoT)’s additional Adjusted Gross Revenue (AGR) demands for the financial years 2016–17. Investor optimism surrounding a potential relief in the case contributed to the stock’s upward movement.
2. What is the current share price of Vodafone Idea?
As of 10:30 AM on October 27, 2025, Vodafone Idea (VIL) shares were trading at ₹9.68 per share on the BSE, up 0.62% from the previous close of ₹9.62. The stock touched an intraday high of ₹9.80 per share, marking a 1.87% rise earlier in the session.
3. When and where will the AGR case be heard?
The case is scheduled for hearing on October 27, 2025, before a Supreme Court bench comprising Chief Justice B.R. Gavai, Justice K. Vinod Chandran, and Justice Vipul M. Pancholi. The matter resumes after the court’s Diwali vacation.
4. What is Vodafone Idea’s appeal about?
Vodafone Idea has challenged the DoT’s demand for additional AGR dues amounting to ₹5,606 crore for the financial years up to FY2016–17. The company has requested that these claims be quashed or reassessed, arguing discrepancies in the AGR computation.
5. What is AGR (Adjusted Gross Revenue)?
Adjusted Gross Revenue (AGR) is the metric used by the government to calculate license fees and spectrum usage charges payable by telecom operators. Originally, both telecom and non-telecom revenues (like interest income or asset sales) were included in AGR calculations.
However, after the 2021 policy change, non-telecom income was excluded to reduce the burden on telecom firms.
6. What has the Supreme Court ruled earlier on the AGR issue?
In September 2020, the Supreme Court directed telecom operators to pay ₹93,520 crore in AGR-related dues within 10 years.
10% of the dues had to be paid by March 31, 2021
The remaining balance to be cleared through annual installments up to March 31, 2031
In 2021, the Supreme Court rejected requests from telecom companies to recheck or modify AGR calculations, upholding its earlier judgment.
7. What is the government’s role in the case?
The Government of India owns over 50% stake in Vodafone Idea, making it a key stakeholder in the company’s survival. Attorney General Tushar Mehta has informed the court that the government is working closely with the company to find a viable financial resolution.
8. Why is the AGR case crucial for Vodafone Idea’s future?
The AGR dues remain a significant financial liability for Vodafone Idea, which continues to face debt pressure and cash flow challenges. A favorable ruling or reassessment could improve investor confidence, reduce liabilities, and support the company’s turnaround plans in India’s competitive telecom sector.
9. What’s next for Vodafone Idea investors?
Market analysts suggest that Vodafone Idea’s share price could stay volatile until the Supreme Court delivers a verdict. Investors are closely watching the hearing for signs of relief or clarity on AGR dues, which could influence the stock’s medium-term trajectory.
