Companies

Vodafone Idea, Indus Towers shares surge up to 9% as AGR overhang finally lifts

January 9, 2026

Vodafone Idea's shares surged up to 9% following the Department of Telecommunications' (DoT) announcement to freeze the company's adjusted gross revenue (AGR) dues, providing significant financial relief. The telecom operator will repay its AGR dues in a structured manner, with capped annual payments over the next several years, easing pressure on its finances.

The govenrment has finally lifted the AGR overhang for Vodafone Idea

Credit: Hindustantimes

Key Highlights

Vodafone Idea's AGR dues were frozen as of December 31, amounting to ₹87,695 crore.
The company will pay a maximum of ₹124 crore annually from March 2026 to March 2031.
From March 2032 to March 2035, Vodafone Idea will pay ₹100 crore annually.
Remaining AGR dues will be repaid in equal installments from March 2036 to March 2041.
The DoT will form a committee to reassess Vodafone Idea's total AGR dues.

Business

Sources

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.

Vodafone Idea, Indus Towers shares surge up to 9% as AGR overhang finally lifts

Key Highlights

Sources

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