Description
Vodafone Idea clarifies that it has not received any communication from the Government regarding media reports about freezing of AGR dues of Rs. 87,695 crore.
Summary
Vodafone Idea Limited submitted a clarification to BSE and NSE in response to exchange queries about a news article titled “Vodafone Idea AGR dues of Rs. 87,695 crore frozen by Cabinet; Stock gives up gains” which caused material price movement in the company’s stock on 31 December 2025. The company clarified that it has not received any communication from the Government regarding the reported matter and will disclose information when any development requiring disclosure occurs.
Key Points
- Clarification submitted under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Media report claimed Cabinet froze Vodafone Idea’s AGR dues of Rs. 87,695 crore
- News article caused material price movement in IDEA stock on 31 December 2025
- Company confirmed no communication received from Government on this matter
- Company commits to disclosure when any development requiring disclosure occurs
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
This is a disclosure made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in response to exchange query regarding media reports and price movement.
Important Dates
- 31 December 2025: Date of exchange query and company clarification
- 31 December 2025: Date when material price movement occurred in IDEA stock
Impact Assessment
Market Impact: The clarification addresses market speculation triggered by media reports about AGR dues freezing. The company’s statement that no official communication has been received may impact investor sentiment and trading activity in IDEA stock.
Company Impact: Vodafone Idea faces AGR (Adjusted Gross Revenue) liabilities of Rs. 87,695 crore as per media reports. Any government decision on these dues would have significant financial implications for the company.
Investor Impact: Investors should note that the media reports remain unconfirmed by the company, and trading decisions should be based on officially disclosed information rather than speculative news reports.
Impact Justification
Company clarification on media reports regarding AGR dues which caused material price movement. Important for investor awareness but no actual development confirmed.