Vodafone Idea says no government communication received on AGR dues freeze

Vodafone Idea on Wednesday issued a clarification on media reports about Union Cabinet approving a five-year moratorium for Vodafone Idea, freezing the company’s adjusted gross revenue (AGR) dues at ₹87,695 crore.

The announcement sent Vodafone Idea shares tumbling 15.01%, or ₹1.81, to ₹10.25 at 2:45 PM, which later closed at ₹10.76 on BSE.

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