Vodafone Idea share price drops more than 4% before the Agre Case trial in the Supreme Court

Vodafone IDEA share price fell by more than 4% on Monday, October 6, before the AGM case trial in the Supreme Court today. The telecommunications shares dropped to 4.53% to £ 8.37 each on the BSE. The Supreme Court will hear a plea of ​​the Vodafone idea who wants to end the additional adjusted gross income (AGR) claims for the period until 2016-17. On September 26, the peak court postponed the hearing in the Vodafone Idea Agre case until October 6 after the government sought more time. During the last process, the Attorney General, who represents the Department of Telecommunications (DOT), asked additional time to respond to the plea of ​​the Vodafone idea, and the telecom operator did not opposed the request. Earlier, on September 19, the center informed the Supreme Court that it did not opposed the Vodafone Idea’s petition, but emphasized that a resolution was needed, especially because the government itself has a significant shares in the company. The Supreme Court also emphasized the need for finality in the case. The case relates to the Dot’s £ 9,450 crore in additional aur-lag of the debt-laden telecommunications business. Vodafone idea has requested the Supreme Court to set aside the claim with the argument that it exceeds the extent of the court’s earlier ruling on Agr -Laze. The government has become the largest shareholder in Vodafone idea, with a 49% stake after turning the company’s interest obligations into fairness. However, it is not classified as a promoter. New CFO last week announced Vodafone IDEA The appointment of Tejta Mehta as the Chief Financial Officer (CFO) and Key Management Staff (KMP) of the company with effect from 6 October 2025. This comes following the end of the Murthy GVAS office as the CFO and KMP of the company vodafone ideal. 17% in one month and 15% in three months. The telecommunications shares increased by 7% in six months and rose 6% on a year-on-year (YTD). However, Vodafone Idea shares fell 14% in one year and fell 23% in two years. At 10:05 a.m., Vodafone Idea share price traded 4.19% lower at £ 8.46 per piece on the BSE. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions.

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