Vodafone Idea Denies Official AGR Relief Communication Amid Stock Volatility

• Vodafone Idea clarified it has not received any official communication from the government regarding AGR relief.
• Media reports claimed the Union Cabinet approved a 5-year moratorium on Vodafone Idea's adjusted gross revenue (AGR) dues.
• Sources suggested a DoT committee would be formed to recalculate and re-evaluate AGR dues, potentially reversing interest and penalties.
• Rs 87,695 crore of Vodafone Idea's AGR dues are reportedly being rescheduled for payment between FY32-FY41.
• Vodafone Idea's shares experienced significant volatility, dropping over 11.5% after initial reports and subsequent clarification.

Why It Matters: Vodafone Idea denies official AGR relief communication, causing stock volatility despite media reports.