Vodafone Idea shares climbed over 2% to a fresh 52-week high after reports suggested the Union Cabinet may take up the Adjusted Gross Revenue (AGR) relief matter today. The move could ease the company’s massive debt burden of over ₹2 lakh crore, offering a potential lifeline to the struggling telecom operator.
Vodafone Idea (Vi) witnessed a sharp rally in early trade on December 31, 2025, as investor sentiment turned positive amid reports that the Union Cabinet is likely to consider relief measures for the company’s long-standing AGR dues. The development comes at a critical juncture, with Vi grappling with debt exceeding ₹2 lakh crore and AGR liabilities of around ₹83,000 crore.
If approved, the relief package could include waivers or reductions in penalties and interest, significantly improving the company’s financial outlook. Market participants view this as a crucial step toward stabilizing India’s telecom sector, where Vodafone Idea remains a key player alongside Reliance Jio and Bharti Airtel.
Key Highlights:
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Vodafone Idea shares rose over 2%, hitting a new 52-week high.
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Union Cabinet may deliberate AGR relief measures today.
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AGR dues stand at approximately ₹83,000 crore.
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Total debt burden exceeds ₹2 lakh crore.
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Relief may involve waiver of penalties and interest.
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Supreme Court earlier allowed reassessment, leaving scope for government intervention.
This potential bailout could reshape the competitive landscape of India’s telecom industry, ensuring continued viability of a third major operator.
Sources: Livemint, Times of India, NewsBytes