The Department of Telecommunications (DoT) confirmed that, beyond the relief measures already extended, no fresh concessions are planned.
Minister of State for Communications Chandra Sekhar Pemmasani said the government has already converted a significant portion of Vodafone Idea’s dues into equity, making it the single-largest shareholder, and there are no ongoing discussions for further changes.
In March, the government converted dues worth Rs 36,950 crore into equity, following a similar step in 2023 when around a 33% stake was taken against dues worth Rs 16,000 crore.
Despite these measures, Vodafone Idea has indicated in court filings that survival without government support remains uncertain.
As of the end of the June 2025 quarter, Vodafone Idea’s AGR liability stood at approximately Rs 75,000 crore. The company is required to begin repayments in six equal installments after the moratorium ends on March 31, 2026.The looming repayment burden has heightened concerns among investors about the telco’s cash flow and ability to raise funds.Investor sentiment on Thursday was further weighed down by the absence of any fresh relief measures, with the investors taking a note of the significant liabilities that remain.
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