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Vodafone Idea AGR relief — Govt freezes ₹87,695 crore dues, reschedules payment window between FY32-41: Report

The Union Cabinet has approved a significant relief package for Vodafone Idea, freezing its ₹87,695 crore Adjusted Gross Revenue (AGR) dues and rescheduling the payment window from FY32 to FY41. This decision aims to provide the struggling telecom company with financial breathing room as it seeks to stabilize and raise funds for its operations.

Vodafone Idea AGR relief — Govt freezes  ₹87,695 crore dues, reschedules payment window between FY32-41: Report

Credit: Livemint

Key Highlights

  • Vodafone Idea's AGR dues have been frozen at ₹87,695 crore.
  • The payment window for these dues has been rescheduled from FY32 to FY41.
  • The relief is part of a government support package approved by the Union Cabinet.
  • The re-evaluation of Vodafone Idea's AGR dues will be conducted by a government-appointed committee.
  • Vodafone Idea's share price fell 15% following the announcement of the relief package.
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Sources

  1. Cabinet Freezes Rs 87,695-Crore Dues In Big Relief For Vodafone Idea
  2. Centre freezes Vodafone Idea’s AGR dues for five years
  3. Govt said to approve Vodafone Idea relief package which is smaller than expected
  4. Vodafone Idea share price crashes 15%, hits lower circuit as govt relief on AGR dues likely below expectations
  5. Vodafone Idea AGR relief — Govt freezes ₹87,695 crore dues, reschedules payment window between FY32-41: Report

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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