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Vodafone Idea Shares Drop 4% – Here’s What Triggered the Fall

  • By admin
  • May 19, 2025
  • 14 Views

📉 Vodafone Idea Share Price Drops 4% on AGR Dues Crisis – Here’s What You Need to Know:

🔻 Stock Slide: Shares fell 4% to ₹7.07 on May 19. The stock has wiped out 45% of investor wealth in 1 year.

⚖️ SC Petition: Vodafone Idea has approached the Supreme Court seeking relief from ₹45,457 crore in AGR-related dues.

📊 Why the Plea?

  • VI claims it can’t meet ₹18,000 crore annual AGR payments till FY26.
  • Current operational cash generation is only ₹9,200 crore.
  • Without relief, continued operations are at risk.

💰 What’s Owed?

  • Total AGR liability as of March 31, 2025: ₹83,400 crore.
    • ₹28,294 crore – Interest
    • ₹6,012 crore – Penalty
    • ₹11,151 crore – Penalty on interest

🚨 Key Point: VI says the compounded charges are crippling and is not disputing the principal amount, only the additional levies.

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