• Source:JND

Vodafone-Idea share price surged over 5 per cent in the early trade on Thursday amid reports that the union government have frozen the telecom firm's AGR dues, and the announcement is likely to be made today.

At around 10:10 am, the Vodafone-Idea shares were trading at Rs 11.33, up 5.30 per cent on NSE. The telecom stock started the trade with a decent gap-up at Rs 11.20 against last session's closing of Rs 10.76.

The stock hit its 52-week high of Rs 12.80 last month. 

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Earlier, on December 31, the Vodafone-Idea shares plummeted over 15 per cent following the speculations around the government decision on freezing telecom's Rs 87,695 crore Adjusted Gross Revenue (AGR) outstanding and approving a five-year moratorium on payments.

AGR Dues Relief

Earlier, as per PTI, in a breakthrough for Vodafone Idea, just one day before the start of the new year (2026), the federal government on Wednesday decided to freeze the company's Adjusted Gross Revenue (AGR) payments of Rs 87,695 crore and granted a five-year moratorium.

Also Read: Big Relief For Vodafone-Idea: Govt Freezes Rs 87,695 Crore AGR Dues, Approves 5 Years Moratorium

This decision provided crucial relief to the debt-ridden telecom operator.

The Union Cabinet, headed by Prime Minister Narendra Modi, gave its approval to freeze AGR dues of the telecom firm(VIL). Sources aware of the decision informed PTI that the company has to start paying from the 2031-32 fiscal and clear by 2040-41.

AGR receivables refer to payments that telecom companies owe the government based on their AGR.


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