Telecom major Vodafone Idea Ltd. has called for an urgent meeting with investors and analysts, scheduled for Monday, September 23, 2024. "Vodafone Idea Limited will host a conference call with its senior management on Monday,

The Vi stock rose 1.35 per cent on Friday to close at Rs 10.52 a piece, a day after plummeting by 19.7 per cent

Vodafone Idea shares fell nearly 20% in the last two days as SC dismissed a batch of pleas seeking correction of alleged errors in the Adjusted Gross Revenue

Mumbai: Financially troubled telecom operator Vodafone Idea (Vi) has scheduled an unexpected meeting with investors and analysts on September 23. In a stock exchange filing, Vi stated that the 30-minute call will focus on "recent events." The discussion will have CEO Akshaya Moondra and CFO Murthy GVAS, along with other senior executives.

The telecom company, struggling under massive debt, is facing heightened uncertainty following the Supreme Court's decision

Vodafone Idea has scheduled a meeting with investors and analysts on September 23 to discuss recent events. This follows the Supreme Court's rejection of pleas by telecom companies, including Vodafone Idea,

A curative plea was rejected by a three-judge bench and is the final nail in the coffin in as much as any reconsideration of the AGR case is concerned.

Shares of Vodafone Idea have declined as much as 6% on Thursday after the Supreme Court upheld the Adjusted Gross Revenue ruling against the telecom companies and upheld the quantum of the AGR demand.

There seems to be no end to Vodafone Idea's financial crisis. A day after the Supreme Court's ruling in the AGR case, sources had told ET NOW that lenders are reluctant to extend support to the debt-ridden company.

Vodafone Idea shares got stabilised on Friday, rising 1.45 per cent to Rs 10.53, following a 20 per cent slide in the previous session, thanks to reports by a host of brokerages that suggested the stock may be factoring in the AGR setback.

The SC ruling could delay the telco’s debt-funding plans, hinder capex execution and lead to further market share losses, analysts say.