Vodafone Idea Says No Legal Options Left After SC Rejects AGR Review Plea

The Supreme Court has dismissed the last pending Review Petition filed by telecom operators, including Vodafone Idea (Vi), in the long-running Adjusted Gross Revenue (AGR) case. This decision effectively closes all AGR-related legal matters at the apex court, Vodafone Idea clarified in an exchange filing on Friday, February 14, 2025.

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Over the years, telecom companies had filed multiple petitions, including Miscellaneous Applications, Review Petitions, and a Curative Petition, seeking corrections in AGR demand calculations. The Curative Petition was dismissed on September 19, 2024, and now, with the rejection of the pending Review Petition dated August 23, 2021, all avenues for legal relief have been exhausted.

Vodafone Idea’s Clarification on AGR Petition

“This has reference to the media Article ‘SC deals big blow to Vodafone Idea, Airtel on AGR dues miscalculation plea appearing in mainstream media on February 14, 2025, and the consequent price movement in the Scrip of the Company,” the exchange filing read.

“In this regard, we wish to inform you that, there were Miscellaneous applications, Review Petitions and a Curative Petition filed in the AGR matter at the Hon’ble Supreme Court from time to time by the Company and other telecom operators, mostly dealing with the need for allowing correction of manifest errors in AGR demands. These petitions had mostly been disposed of, the last being the dismissal of the Curative Petition for which we had intimated the Stock Exchanges on September 19, 2024. However, there was one pending Review Petition dated August 23, 2021, which has now been dismissed, which closes all AGR-related matters at the Hon’ble Supreme Court,” Vi added in the filing.