Vodafone Idea Shares Plunge Over 6% as Supreme Court Defers AGR Verdict to October 6; Govt Seeks More Time

Vodafone Idea (VI) shares tanked sharply on Friday, falling over 6% to an intraday low amid investor concerns after the Supreme Court deferred its verdict in the crucial Adjusted Gross Revenue (AGR) dues case. The delay in judgment has triggered renewed uncertainty around the company's financial liabilities, leading to a sharp sell-off in the stock.

Vodafone Idea AGR Case Supreme Court Hearing Update: SC Deferred Its Verdict; Next Hearing on October 6, 2025

The Supreme Court has deferred its verdict on Vodafone Idea's AGR dues case to October 6, following a request from the Central government seeking additional time. The Centre informed the court that it requires more time to deliberate on the matter, prompting the bench to postpone its decision.

Vodafone Idea Share Price Today

As of 11:50 AM on September 26, shares of Vodafone Idea Ltd were trading at Rs 8.13, marking a sharp decline of 6.34% or Rs 0.55 for the day. The stock opened at Rs 8.75 and touched an intraday high of Rs 8.79, before slipping to a low of Rs 7.90. Over the past 52 weeks, the stock has traded between a high of Rs 10.97 and a low of Rs 6.12.

Vodafone Idea AGR Due Case Delay; Govt Seeks More Time

Last week, the court had already pushed back the hearing of the debt‑laden telecom firm's plea, as reported by CNBC-TV18. In its submission, the government clarified that it was not opposing Vodafone Idea's request outright, but noted that "some solutions are required" before a final ruling can be delivered.

Vodafone Idea, for its part, had appealed to the Supreme Court for a reassessment of additional AGR liabilities earlier this month. Its legal team had also urged expeditious hearing, citing the critical financial stress the company faces.

Government Stake, Position & Regulatory Stakes in Vodafone Idea

It is notable that the government is a 49% stakeholder in Vodafone Idea, making it the largest single investor in the company-though it is not designated a promoter. This dual role adds further complexity, as the government must balance oversight responsibilities with broader regulatory and financial implications for the telecom sector.