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Vodafone Idea's stock rises as it prepares to challenge a massive fee demand in court.
Vodafone Idea's stock jumped over 7% on reports of a Supreme Court hearing scheduled for September 19, where the telecom company will challenge a ₹9,450 crore demand for additional AGR dues from the Department of Telecommunications.
Vodafone Idea argues the demand exceeds previous court rulings, while the DoT maintains the dues stem from finalizing past accounts.
The outcome is crucial for Vodafone Idea as it seeks to alleviate financial strain.
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Las acciones de Vodafone Idea suben a medida que se preparan para desafiar una demanda masiva de honorarios en la corte.