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Cabinet Freezes Vodafone Idea’s AGR Dues at ₹87,695 Crore, Pushes Repayments to FY32–FY41

Focus now turns to a binding DoT reassessment that will determine the final payable amount.

Overview

  • Government sources say the move gives Vodafone Idea a five-year interest-free moratorium, with repayments scheduled from FY2031–32 through FY2040–41.
  • DoT will reassess the frozen dues under the 2020 Deduction Verification Guidelines, with a government-appointed committee’s decision binding on both sides.
  • Supreme Court–finalised AGR dues for FY2018 and FY2019 remain unchanged and are to be paid over FY2025–26 to FY2030–31.
  • Vodafone Group committed ₹5,836 crore in promoter support for Vi, including ₹2,307 crore in cash over 12 months and 328 crore promoter shares earmarked for potential sale.
  • Vi disclosed a ₹638 crore GST penalty order that it plans to challenge, while its shares were volatile and the company said it has not yet received formal government communication on the package.