Supreme Court allows review of Vodafone Idea's AGR dues
Vodafone Idea Limited announced on October 30, 2025, that the Supreme Court of India uploaded an order on October 29, 2025, concerning its writ petition against additional Adjusted Gross Revenue (AGR) demands for the period up to the Financial Year 2016-2017. The company clarified this in response to a news article and subsequent material price movement.
The Supreme Court's order allows the Union of India to reconsider the issue, noting the government's 49% equity acquisition in Vodafone Idea and the public interest involving 200 million customers. The court stated there would be no impediment to the Union of India taking an appropriate decision in accordance with the law, clarifying that this matter falls within the policy domain of the Union of India.
The petition itself restricts its claim to the additional AGR demand up to the Financial Year 2016-17. The court emphasized that its order specifically applies to Vodafone Idea Ltd., considering the unique circumstances presented by the Union of India.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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