New Delhi, May 1 -- Vodafone Idea shares will remain in focus on Monday after the company received Rs.23,649-crore relief from the government in adjusted gross revenue (AGR) dues.
The debt-ridden telco said that the government has slashed its AGR liability by about 27% to Rs.64,046 crore after reassessing statutory dues. The government has also allowed a five-year moratorium on these payments.
The Department of Telecom (DoT) had formed a committee to reassess the adjusted gross revenue (AGR), which was fixed at Rs.87,695 crore as of December 31, 2025. However, the final amount was subject to reassessment by the DoT and final approval by the committee.
"...we now wish to submit that the DoT vide its communication dated 30 April 2026 has...
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