Overview
- Payments on the frozen AGR amount are rescheduled over a ten-year window from FY2031–32 to FY2040–41, while dues for FY2018 and FY2019 remain payable from FY2026–27 to FY2030–31.
- The decision offers timeline relief but no waiver or haircut, leaving the principal liability intact.
- The Department of Telecommunications will reassess dues under Deduction Verification Guidelines, with a government-appointed committee’s outcome binding on both sides.
- Vodafone Idea shares fell as much as 15% intraday and closed about 11% lower after the reports, reflecting disappointment over the lack of a reduction in dues.
- The company told exchanges it has not yet received formal communication from the government; separately, it secured a revised promoter pact worth ₹5,836 crore in cash and shares to bolster liquidity.