
📉 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.