Vodafone Idea Share Price Rises 4% Today as AGR Reassessment Story Reignites Market Buzz | Stock Market Today

Market Performance: Vodafone Idea Share Price in Focus

In stock market today trade on January 2, Vodafone Idea quietly returned to the spotlight. The Vodafone Idea share price jumped close to 4%, extending its rise for the second straight session.

The move wasn’t noisy. It was steady. And it came as the market reacted to fresh reports around one long-standing overhang — AGR dues.

By the end of the session, Vodafone Idea shares were trading at Rs 12.05, with volumes picking up as investors tracked developments closely.

No flashy triggers. Just a familiar story turning a new page.

Main News: AGR Dues Reassessment Sparks Optimism

The trigger came from a report suggesting that Vodafone Idea’s AGR dues could be cut sharply after a reassessment by a Department of Telecommunications (DoT) committee.

According to officials cited in the report:

• Over 95% of Vodafone Idea’s AGR dues have effectively received a 10-year breathing space
• The total frozen dues stand at Rs 87,695 crore
• This amount could reduce by more than 50% after reassessment
• Whatever the final figure is, payments would be made between FY36 and FY41

In simple terms, the company gets time. Time to stabilise. Time to operate without immediate payment pressure.

Another official described it as the government giving Vodafone Idea “the necessary room to recover.”

Markets tend to notice when time is bought in long-running stress stories.

Government Exit Talk Resurfaces

Alongside the AGR news, another report added a new layer to the narrative.

The AGR relief package approved by the Union Cabinet may have opened the door for a possible government exit from Vodafone Idea — though no decision has been taken yet.

Key points highlighted in the report:

• The 5-year freeze on AGR dues offers clear visibility on future liabilities
• This clarity is seen as a precondition for private sector interest
• A private investor entry is under consideration
• Two large corporate groups have shown interest at different points in time
• Any government exit would only happen if the stake can be sold at a profit

Importantly, these developments remain under consideration, not conclusions.

The report itself noted that it could not be independently verified.

Company Details: How the Government Became the Largest Shareholder?

Vodafone Idea’s ownership structure has evolved rapidly over the last few years.

Here’s how it stands based on the reference data:

• In March 2025, the government converted Rs 36,950 crore of dues into equity
• This move increased the government’s stake to nearly 49%
• Earlier, in 2023, the Centre had acquired a 33% stake
• That conversion was against statutory dues of over Rs 16,000 crore

These steps made the government the largest shareholder in the telecom operator.

The latest AGR relief only adds another chapter to this ongoing restructuring story.

AGR Relief Package: What the Cabinet Approved?

The Union Cabinet’s decision forms the backbone of the market reaction.

As per government sources:

• A 5-year moratorium on Vodafone Idea’s AGR dues has been approved
• A DoT committee will reassess AGR liabilities
• The review will include:
  • Recalculation of dues
  • Revaluation based on audit reports
  • Consideration of interest and penalty reversals, if any
• The Rs 87,695 crore AGR dues have been frozen
• Payments have now been rescheduled from FY32 to FY41
• AGR dues related to FY18 and FY19 will be paid over the next five years

No projections. No assumptions. Just a reworked timeline.

Why the Market Is Watching Closely?

The rally in the Vodafone Idea share price reflects how sensitive the stock remains to policy clarity.

This isn’t about growth forecasts or turnaround promises.

It’s about visibility.

• Visibility on dues
• Visibility on timelines
• Visibility on the government’s role

For a stock that has long lived under uncertainty, even measured clarity can move prices in stock market today trade.

Summary: What This Move Means for Vodafone Idea?

Vodafone Idea’s latest rally is rooted in policy relief, not speculation.

To recap:

• Shares rose nearly 4%, closing around Rs 12.05
• AGR dues of Rs 87,695 crore are frozen and may be reduced after reassessment
• Payment timelines stretch up to FY41
• Government exit discussions have resurfaced, but no decision exists
• The Centre currently holds close to 49% stake after multiple equity conversions

This is a slow-burn story. Not a sudden turnaround.

But for now, the market is listening — and reacting — as each piece falls into place.

In a quiet session, Vodafone Idea share price still managed to speak loud enough for stock market today watchers to take note.

Source: Moneycontrol