New Delhi Sep 26 (PTI) Shares of Vodafone Idea tumbled nearly 8 per cent on Friday after the Supreme Court deferred to October 6 the hearing on the company’s plea seeking quashing of the additional adjusted gross revenue (AGR) demands for the period until 2016-17.
The stock dived 7.60 per cent to settle at Rs 8.02 on the BSE. During the day, it tumbled 8.98 per cent to Rs 7.90.
At the NSE, the stock tanked 7.60 per cent to Rs 8.02.
A bench comprising Chief Justice B R Gavai and Justices K Vinod Chandran and NV Anjaria was urged by Solicitor General Tushar Mehta, appearing for the Centre, the plea, which was listed for hearing during the day, be listed on reopening of courts after Dusshera break. The bench allowed and deferred the hearing to October 6.
Vodafone Idea Ltd (VIL) has filed