Shares of Vodafone Idea surged 10 per cent on Monday, reclaiming double-digit levels, after reports that the Supreme Court has allowed the Centre to reconsider the reassessment of the company’s adjusted gross revenue (AGR) dues. The decision was taken keeping in mind the interests of nearly 20 crore consumers of the telecom operator, Economic Times reported. Advertisement

Following the development, the stock rose 9.67 per cent to hit a high of Rs 10.55 on BSE.

A bench headed by Chief Justice of India B.R. Gavai delivered the order after hearing Solicitor General Tushar Mehta, who informed the court that the government holds a 49 per cent equity stake in Vodafone Idea. Mehta, as per the ET report, noted that the Centre’s request for reassessment stemmed from concerns over the company’s f

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