Vodafone Idea Shares Surge Over 8% as Supreme Court Hearing on AGR Dispute Tentatively Set for September 19

Shares of Vodafone Idea Ltd surged more than 8% on Monday after reports emerged that the Supreme Court of India is tentatively scheduled to hear the telecom company's petition on September 19. The case pertains to a substantial additional Adjusted Gross Revenue (AGR) demand of Rs 9,450 crore raised by the Department of Telecommunications (DoT), which the company contends falls outside the scope of previous court rulings.

Vodafone Idea Share Price Today

On September 15, 2025, Vodafone Idea Ltd's share price rose sharply to Rs 8.32, marking a gain of Rs 0.66 or 8.62% by 1:28 PM. The stock opened at Rs 7.75, reached an intraday high of Rs 8.38, and touched a low of Rs 7.65 during the session. Despite the strong upward movement today, the stock is still trading below its 52-week high of Rs 13.50, though it has recovered considerably from its 52-week low of Rs 6.12.

Vodafone Idea Challenges Rs 9,450 Crore AGR Demand in Supreme Court Amid Fresh Funding Hurdles

Vodafone Idea has reignited its long-standing legal battle with the Department of Telecommunications (DoT) by filing a fresh plea in the Supreme Court. The company is challenging what it describes as an "excessive and erroneous" additional demand of Rs 9,450 crore, which it claims exceeds the scope of the Supreme Court's 2019 judgment on Adjusted Gross Revenue (AGR) liabilities.

According to Vodafone Idea, the latest demand includes duplicated charges and accounting errors, particularly in dues relating to periods prior to the fiscal year 2017. The company has requested the Court to permit a comprehensive reassessment of AGR dues, with a specific focus on reconciling historical figures that it believes were miscalculated.

Vodafone Idea Case: Details of DoT's Additional AGR Demand

The additional demand of Rs 9,450 crore raised by the DoT is split into two major components. Firstly, Rs 2,774 crore pertains to the post-merger entity, Vodafone Idea Ltd, which came into existence in August 2018 after the merger of Vodafone India and Idea Cellular.

Secondly, Rs 5,675 crore has been attributed to pre-merger liabilities linked specifically to the Vodafone Group. Vodafone Idea has contested both components of the demand, arguing that some of the dues have been counted more than once and that the calculations do not align with the Supreme Court's earlier interpretation and directives on AGR.

As per Economic Times, the DoT plans to defend its demand as a 'gap' in prior accounting not covered during the Supreme Court's 2019 order. An affidavit was filed by the DoT justifying that this additional demand results from completing financial accounts rather than reassessment or recalculation.