Shares of Vodafone Idea Ltd slipped over 2% to ₹8.80 on Monday, October 13, after the Supreme Court deferred the hearing in the company’s Adjusted Gross Revenue (AGR) dues case to October 27. The stock, which opened weak, extended losses as the update emerged during the late-morning session.
The case, originally listed as Item 18 in the Supreme Court’s Court C1 list, was not taken up today due to extended arguments in preceding matters. During the hearing, Solicitor General Tushar Mehta requested more time, suggesting that the case be scheduled after the Diwali break. The Chief Justice of India (CJI) then directed the matter to be heard on Monday, October 27.
Vodafone Idea’s petition challenges the Department of Telecommunications’ (DoT) additional AGR demand of ₹5,606 crore for the period up to FY2016–17. The company has sought a comprehensive reassessment of dues under the Deduction Verification Guidelines issued in February 2020.
The debt-laden telecom operator, backed by the Aditya Birla Group, faces total AGR liabilities of ₹83,400 crore as of March 2025, with its overall debt burden nearing ₹1.99 lakh crore. The deferral adds to the company’s ongoing challenges as it seeks to raise fresh funds and stabilize operations.
The outcome of the October 27 hearing will be closely watched by investors and lenders, as it holds implications for Vodafone Idea’s financial trajectory and future debt restructuring plans.
