Vodafone Idea submits AGR self assessment, says total liabilities stand at Rs 21,533 crore

Vodafone Idea on Friday submitted its self assessment of statutory dues to the Department of Telecommunications (DoT) which stand at Rs 21,533 crore.

The company has filed its self-assessment of adjusted gross revenue (AGR) liabilities with the DoT, it said in regulatory filings at stock exchanges.

"The self-assessment discloses the company's AGR liabilities to aggregate Rs 21,533 crore including a principal amount of Rs 6,854 crore for the period from FY 2006-07 to FY 2018-19 and interest up to February 2020," said Vodafone Idea.

The company has so far paid a sum of Rs 3,500 crore to the DoT which is a fraction of the Rs 57,000 crore demanded by the government.

It paid a sum of Rs 2,500 crore on February 17 and a further sum of Rs 1,000 crore on February 20 towards this liability, it said.

On Wednesday, Vodafone Idea board of directors met to discuss the AGR issue. At 3 pm on Friday, its stock was trading nearly 7 per cent lower at Rs 3.34 apiece.