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New Delhi, Oct 27 (PTI) Shares of Vodafone Idea ended nearly 4 per cent higher on Monday after the Supreme Court permitted the Centre to reconsider and reconcile the company’s pending adjusted gross revenue dues amounting to Rs 5,606 crore for the financial year 2016–17.

The stock climbed 3.85 per cent to settle at Rs 9.99 on the BSE. During the day, it surged 9.87 per cent to Rs 10.57.

At the NSE, the stock jumped 3.63 per cent to Rs 9.97.

In a significant development, the Supreme Court on Monday permitted the Centre to reconsider and reconcile Vodafone Idea Ltd’s pending adjusted gross revenue dues amounting to Rs 5,606 crore for the financial year 2016–17, observing that the issue falls within the policy domain of the government.

Adjusted gross revenue (AGR)

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