Corporate News     18-Feb-20
Board of Vodafone Idea authorises immediate payment of Rs 2500 cr to DoT
On 17 February 2020
The Board of Vodafone Idea met on 17 February 2020 to take stock of the assessment made by the Company to determine the amount that it could immediately pay towards compliance of the Hon'ble Supreme Court order regarding AGR dues and the subsequent directions issued by the Department of Telecommunications.

Based on the overall review of the position, the Board has authorised the Company to immediately pay to DoT a portion of the dues calculated based on AGR (Adjusted Gross Revenue), aggregating to a sum of Rs. 2,500 crore on 17 February 2020 and a further Rs. 1,000 croresbefore the end of the week. The Board will take further stock of the situation to see how further additional payments can be made.

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