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Vodafone Idea AGR dues: DoT extends reassessment timeline; shares trade lower

Vodafone Idea AGR dues: DoT extends reassessment timeline; shares trade lower

Upstox 1 week ago

The telecom department expects that AGR reassessment for Vodafone Idea-which recently received government relief for its dues and liabilities-will be completed by June, sources said.

The reassessment was earlier targeted for completion by March 31.

People with knowledge on the matter told the news agency Press Trust of India, that the review of Spectrum Usage Charge (SUC) is on, following the internal licence fee reassessment by the Controller of Communication Accounts.

Accordingly, the timeline has been extended to June, they added.

The Union Cabinet has given relief to Vodafone Idea Limited (VIL) based on the Supreme Court order and `frozen' its Adjusted Gross Revenue or AGR dues at ₹87,695 crore for a period ranging from FY 2006-07 to FY 2018-19.

The 'frozen' dues are subject to reassessment.

The amount excludes those AGR dues of FY 2017-18 and FY 2018-19 which stand finalised by the apex court's 2020 order and are payable in accordance.

Replying to a Lok Sabha question in early February this year, Minister of State for Communications Pemmasani Chandra Sekhar had said VIL's AGR dues frozen as of December 31, 2025, shall also be subject to reassessment by the Department of Telecommunications (DoT) in line with the deduction verification guidelines.

A committee constituted by the DoT on January 30, 2026, will decide on the outcome of such reassessment by the telecom department.

"The Committee comprises a retired secretary-level officer of the Government of India and a representative of the Comptroller and Auditor General of India (CAG), as nominated by the CAG. The Committee shall finalise the outcome of the reassessment within a period of two months, unless extended," he had said in the reply, adding the decision of the committee shall be final and binding on both parties, that is, DoT and VIL.

Here's how Vodafone Idea shares are faring

At 3 PM, Vodafone Idea shares were trading at ₹8.66 apiece on the National Stock Exchange, falling 1.14%. The stock has declined nearly 3% to hit an intraday low of ₹8.52 apiece.

For a month's time, the telecom firm's shares have tumbled 13%. In the last six months, the stock has been down nearly 6%. Since the beginning of the year, it has slumped over 25%.

The company's market capitalisation stands at ₹93,716.73 crore.

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