Vodafone Idea shares slip into the red after rallying over 3%: Telco may get up to 5-year AGR dues moratorium; check other updates

The stock advanced as much as 3.3% to ₹12.03 on the NSE. However, when last seen, the stock was trading 0.52% lower at ₹11.58 on the NSE.

The report added that after the moratorium ends, the company will be required to pay arrears in six instalments, but the amount is likely to be reduced substantially, to nearly half, after a reassessment of liabilities.

What is a moratorium?

A moratorium is a temporary pause or suspension of an obligation, usually granted by an authority such as a government, court, or lender. In financial and business contexts, it most commonly means a grace period during which payments do not have to be made.

In simple terms, a moratorium gives breathing room; it delays payments without treating them as a default.

The minister noted that the ministry is currently examining the legal boundaries set by the court. “Judgement needs to be evaluated from a point of view of what can be done and what cannot be done. We cannot cross the border of the SC judgement."

Scindia suggested that the government may complete its assessment and issue recommendations within the next couple of weeks, with the details of the relief package likely to be announced by year-end.

Vodafone Idea: Recent updates

In November 2025, in a significant relief to Vodafone Idea, the Supreme Court allowed the Centre to reconsider and reconcile the telecom company’s pending adjusted gross revenue (AGR) dues, clarifying that the review would not be limited to AGR dues for the 2016–17 financial year.

On October 27, the bench had said that the "prayer in the petition itself restricts its claim only to the additional AGR demand raised by the respondent for the period up to the Financial Year 2016-17."

A bench comprising Chief Justice B R Gavai and Justice K Vinod Chandran was urged by the counsel for the telecom firm that it wanted a correction in the October 27 order.

There's an error in Para 6 where the order said we only asked for relief against additional AGR dues. "We had made a composite prayer against additional AGR and the reassessment of all AGR dues," the lawyer said.

The top court clarified that the telecom firm had asked for relief on both additional Adjusted Gross Revenue (AGR) dues and on the reassessment of all similar dues.

Additional AGR dues of the telecom firm are to the tune of ₹9,450 crore, and total AGR demand is over ₹83,500 crore as of March 2025.

The clarification of the earlier order now paves the way for the Centre to grant relief to the telecom firm against all AGR dues.

Earlier, the top court allowed the Centre to reconsider and reconcile the telecom company's pending adjusted gross revenue dues amounting to ₹5,606 crore for 2016-17.