Yesterday i.e. 18 March, 2020, at the hearing of the application for modification of the Supplementary Order of the Supreme Court dated 24 October 2019, the Hon'ble Supreme Court ordered that no self-assessment / reassessment can be done by telecom companies for deciding their respective AGR liabilities as the Hon'ble Court, by its earlier order, had affirmed the dues which were placed before the bench by the Department of Telecommunications including interest and penalty.
The Hon'ble Supreme Court also ordered that the application filed by the DoT with respect to giving reasonable time for payment of the dues and to cease the interest after a particular date, would be considered at the next date of hearing which would be two weeks from 18 March 2020.
Shares of Vodafone Idea Ltd was last trading in BSE at Rs.3.33 as compared to the previous close of Rs. 3.16. The total number of shares traded during the day was 81456981 in over 177636 trades.
The stock hit an intraday high of Rs. 3.57 and intraday low of 3.03. The net turnover during the day was Rs. 269524165.