Shares of Vodafone Idea Ltd. declined 3% on Monday, October 13, as the Supreme Court deferred its plea on the additional adjusted gross revenue (AGR) dues again, after the Centre sought more time.

India's Solicitor General asked for more time on behalf of the Department of Telecom (DoT). The Supreme Court observed that it wants the Centre to take a specific stand. It deferred its hearing to after Diwali, on October 27.

This is the fourth hearing deferrment in the past month.

Timeline of delayed hearings

September 19: The Centre told the top court it does not oppose Vodafone idea's plea, but some solution is required as it too is an equity holder in the firm. The top court observed there had to be some finality to the proceedings and deferred the hearing to September 26.

September 2

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