Vodafone Idea: a telecom operator, announced a comprehensive repayment plan for its adjusted gross revenue (AGR) obligations on Friday. The plan calls for the company to pay down a part of the debt over a six-year period at a maximum annual rate of Rs 124 crore. Following the news, the company’s stock increased by almost 3% in early trading. In contrast to its previous closing of Rs. 11.50, the stock is presently trading at Rs. 11.80.

Vodafone Idea said in its stock market filing that its outstanding AGR obligations as of December 31, 2025, comprising principle, interest, penalty, and interest on penalty for FY2006–07 to FY2018–19, would be frozen and reimbursed gradually.

The corporation will make payments of up to Rs 124 crore a year for six years, from March 2026 to March 2031, according to a Department of Telecommunications (DoT) notification. Payments of Rs 100 crore annually for four years, from March 2032 to March 2035, will come next. The remaining AGR debt will subsequently be paid off over a six-year period, from March 2036 to March 2041, in equal yearly installments.Vodafone Idea said that a committee would be formed by the DoT to review the AGR dues, and the committee’s decision will be final. The updated AGR sum will be paid back in equal yearly installments from March 2036 to March 2041 after the reevaluation.

In a moneycontrol study, Milan Vaishnav, MSTA, founder of Gemstone Equity Research & Advisory Services, recommended investors to steer clear of Vodafone Idea and to take advantage of any rising trends to sell the company. “Exposure should be limited to no more than 5 percent of the total portfolio if investors choose to remain invested,” he said.He went on to say that a technical analysis of Vodafone Idea is not feasible.

The changes in AGR dues and the occasional court orders have been the primary factors influencing its pricing during the last many quarters.

Despite unfavorable divergences on the lead indicators, the stock has increased throughout the last quarter.Investors should, in my view, stay away from this stock and utilize all up rises to get out. Such equities should not account for more than 5% of the overall portfolio if they want to remain invested. Despite government relief measures, brokerage Emkay Global maintained its ‘SELL’ recommendation on Vodafone Idea shares, with a target price of ₹6, since it feels the company’s leverage is still excessive. Despite many rescue packages, the domestic brokerage said that the telco’s financial situation is still precarious.