Vodafone Idea’s AGR dues frozen at Rs 87,695 crore; telco to pay Rs 124 crore annually till 2031
In an exchange filing, the company said it will begin paying a maximum of Rs 124 crore annually over the next six years, from March 2026 to March 2031.
In an exchange filing, the company said it will begin paying a maximum of Rs 124 crore annually over the next six years, from March 2026 to March 2031.
Vodafone Idea's AGR dues amounting to Rs 87,695 crore have been frozen as of December 31, according to reports.
Vodafone Idea has sought quashing of the additional AGR demand, contending that the claims pertain to the pre-2016–17 period that had already been settled in accordance with the Supreme Court’s 2019 judgment on AGR dues.
It also said that deduction has not been given for PSTN related call charges and for roaming charges actually paid to other operators.
However, as per telco’s self-assessment, its total dues to the government stand at Rs 13,004 crore. The telco has already paid Rs 18,004 crore.
The company had earlier deposited Rs. 6,854 crores in three tranches, the telco said in a BSE filing.
In a regulatory filing, Vodafone Idea (VIL) reported widening of March quarter net loss to Rs 11,643.5 crore.
The Supreme Court is set to heart the AGR matter in the third week of July, in which the troubled telco seeks to pay its dies over a patriot of 20 years.
It seems that the court could ask for some upfront payment to allow staggered payment of the remaining AGR dues.
The bench told Vodafone that the question for the company is to show its bonafide.
