agr dues Archives -

Stormy rise in Vodafone Idea! Share at 52-Week High due to news of AGR Moratorium. Money Live | Vodafone Idea shares surge! Stock hits 52-week high on news of AGR moratorium

Admin — Mon, 15 Dec 2025 11:52:29 +0000

Shares of Vodafone Idea (Vi) saw a huge rise on December 15, where the stock rose more than 3% to reach a fresh 52-week high of ₹12.03. This surge came after media reports said that the government is considering giving an interest-free moratorium of 4–5 years on AGR dues.

Currently, Vi has outstanding AGR dues of more than ₹83,000 crore, of which about ₹18,000 crore has to be paid every year from March 2025.

According to the proposal, after the moratorium the dues can be paid in 6 installments and after reassessment the total payable amount can be significantly reduced.

The Supreme Court has already allowed the government to reassess the dues till FY17, which is being considered a big relief for the company. Vodafone Idea has already warned about funding stress.

Banks are cautious, but increasing stake by the government to about 49% through equity conversion is a positive signal for investors. The stock has gained nearly 97% from its low of ₹6.12 in August.

Now the market is eyeing the final decision of the Union Cabinet, which will decide whether this rally is short-term or the beginning of a long-term turnaround of Vodafone Idea.

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Telecom department sent a notice of Rs 7800 crore to Tata Communications, know the whole matter

Admin — Sun, 27 Jul 2025 14:58:26 +0000

Dot Demand Notice to Tata Communications: Tata Communications has sent a notice of about Rs 7800 crore to pay the dues of adjusted gross revenue ie AGR (Adjusted Gross Revenue) by the Department of Telecommunications. This information was given by the company. The company said in the note that this demand has been made for AGR from 2005-06 to 2023-24 by the Department of Telecommunications (Department of Telecommunications).

7800 crore notice to Tata Communications

AS, Managing Director of Tata Communications Laxminarayan says that the company has received a total of Rs 7,827.55 crore from the Indian Department of Telecommunications till June 30, 2025 for a total of Rs 7,827.55 crore from the Department of Telecommunications to 2023-24.

Laxminarayan further said that the demand notice includes Rs 276.68 crore for the rejection of the deduction of the deductions claimed by the company on the basis of payment for Financial Year 2010-11 under the ISP i.

The Tata Communications has made appeals related to ILD (International Long Distance), NLD and ISP licenses, pending in the Supreme Court and Telecom Tribunal TDSAT. Laxminarayan said that the company’s appeals do not come under the scope of the top court’s decision on the AGR on AGR under the old telecom license system called UASL.

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Airtel and Vodafone a big shock from Supreme Court, no relief in AGR case

Admin — Mon, 19 May 2025 09:34:36 +0000

The Supreme Court on Monday dismissed a petition to waive the adjusted gross revenue (AGR) arrears of telecommunications company Voda-Aidia, Airtel and Tata Teleservices. Justice J. B. Pardiwala and Justice R.K. Mahadevan’s bench said that the petitions have been prepared incorrectly.

The bench told senior advocate Mukul Rohatgi, appearing for Vodafone, “We are really surprised by these petitions, which have come before us. The court said that this is not expected from a multinational company. We will dismiss it. “

Voda-aiertel shocks

The Supreme Court refused to come in the way of the government’s will to help the telecom companies. & nbsp; Vodafone has sought a discount of around Rs 30,000 crore as interest on interest, fine and fine of its AGR dues.

Mukul Rohatgi had earlier said that the existence of the petitioner company is necessary to maintain competition in the telecom sector. He said that after recently converting interest arrears into equity, now the Center has a 49 percent stake in the company.

The company said in the petition, “The current writ petition has not demanded a review of the verdict, but under the verdict, an exemption has been sought from payment of interest on interest, fine and fine.” The petitioner demanded that the Center demanded to work in fair and public interest and to pay interest on interest, fine and interest on AGR arrears."Text-Align: justify;"> ALSO READ: Turkish Aviation Company immersed in confrontation with India, big loss of 26 percent capital in just four days

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