Vodafone Idea Shares Soar 8% on DoT's AGR Relief Plan

• Vodafone Idea shares surged up to 8% after the Department of Telecommunications (DoT) confirmed a revised Adjusted Gross Revenue (AGR) repayment schedule.
• DoT directed Vodafone Idea to pay Rs 124 crore annually from March 2026-31, followed by Rs 100 crore annually from March 2032-35.
• The new schedule eases near-term cash flow pressure for the telco, though headline liabilities remain unchanged.
• The Indian government, which holds a 49% stake in Vodafone Idea, had approved a partial moratorium on Rs 87,695 crore in dues on December 31.
• Remaining AGR dues from March 2036-41 will be paid in equal installments after a committee reassesses the amount.

Why It Matters: DoT's revised AGR repayment plan boosts Vodafone Idea shares by easing immediate financial strain.