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.

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.

Vodafone Idea has called for an urgent investor meet after the Supreme Court's AGR ruling debacle that threw its shares sharply below the Rs 10-mark. The investor meet has been called on to discuss what the company has referred to as "recent events".

The lowest price target has been given by Goldman Sachs, with a 'Sell' rating, as it sees no government support/relief in AGR liabilities

Vi shares plummeted nearly 20 per cent on Thursday’s trade to close at ₹10.38 on the BSE after the Supreme Court dismissed pleas filed by telecos seeking correction of alleged errors in the adjusted gross revenue (AGR). The move has invited mixed opinions from brokerages.

Vodafone Idea's shares saw some stability on Friday, going up by 1.45 per cent to Rs 10.53. This came after a sharp 20 per cent drop in the previous session. Several brokerage reports indicated that the stock might have already accounted for the AGR setback.

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

Once the moratorium on AGR and spectrum dues ends in25, Vodafone Idea will need to pay Rs 29,100 crore by the end of March 2026, and Rs 43,000 crore annually from FY27 till FY31.