Vodafone Idea Gets Major AGR Relief, Stock Surges 8% on Phased Payment Plan

• Vodafone Idea received official communication from DoT regarding its ₹97,695 crore AGR dues.
• The AGR dues for FY 2006-07 to 2018-19 will be frozen and paid in a phased manner.
• Payment schedule includes annual installments from March 2026 to March 2041 across three phases.
• The relief led to an 8.2% surge in Vodafone Idea's share price in early trading.
• The government had previously announced a 10-year payment period after a 5-year moratorium for the frozen dues.

Why It Matters: Vodafone Idea secures significant relief on AGR dues, boosting investor confidence and stock performance.