**Vodafone Idea Shares Surge 9% as Centre Signals AGR Resolution**
*By Mudit Dube | September 19, 2025, 1:27 PM*
Vodafone Idea’s shares jumped by an impressive 9% on Friday after the Indian government indicated it would not oppose the telecom company’s plea concerning Adjusted Gross Revenue (AGR) dues. This development came following the Centre’s statement to the Supreme Court, acknowledging that “some solution is required.”
### Government’s Stance
In a significant move, the Centre told the Supreme Court it is not opposing Vodafone Idea’s request. The government, which holds nearly 49% equity in the company, stated, “Not opposing Vodafone Idea plea, some solution is required, government is also an equity holder. Some solution may be required, subject to Supreme Court approval.”
This marks a positive signal from the government, recognizing its role as a stakeholder in Vodafone Idea and the necessity for a resolution. The Supreme Court is scheduled to hear the case on September 26.
### Background of the AGR Case
The matter originates from the Supreme Court’s March 2020 order which upheld AGR dues till the fiscal year 2017 and barred any reassessment beyond that period. Despite this, the Department of Telecommunications (DoT) has raised fresh claims pertaining to the financial year 2018-19.
Vodafone Idea has argued that a significant portion of this new demand overlaps with already settled periods, challenging its validity.
### Financial Impact and Company Concerns
Following the conversion of Rs 53,083 crore dues into equity, the government now owns 48.99% of Vodafone Idea. However, with total AGR liabilities nearing Rs 2 trillion, Vodafone Idea has warned that these additional claims threaten the company’s survival.
The telecom operator serves approximately 198 million subscribers and employs over 18,000 people. Vodafone Idea has expressed concerns that failure to find a solution could jeopardize not only its operations but also the interests of millions of customers and thousands of jobs.
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The upcoming Supreme Court hearing will be closely watched by industry stakeholders as they hope for a resolution to this long-standing dispute.
https://www.newsbytesapp.com/news/business/centre-urges-sc-for-agr-resolution-vodafone-idea-shares-surge/story