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Vodafone-Idea's fate hinges on the Supreme Court's AGR verdict today

The company's future as a going concern, as it has admitted in its results for the June quarter of 2020-21, will be crucially dependent on the SC decision on repayment tenure

Photo: Bloomberg
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VIL’s future as a going concern, as it has admitted in its results for the June quarter of 2020-21, will be crucially dependent on today’s SC decision. Photo: Bloomberg

Surajeet Das Gupta New Delhi
For Vodafone Idea Ltd (VIL), the future course is closely pegged to today’s Supreme court decision on the issue of tenure of payment of adjusted gross revenue (AGR) dues.
 
In the last hearing, held in July, the court had ended some confusion by clearly telling VIL and other operators that there would be no reassessment of the AGR dues calculated by the department of telecommunications (DoT). Operators had earlier claimed, based on their self-assessment, that the payable amount should be far less.
 
What now needs to be decided is the timeline for AGR repayment. VIL, which had earlier

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