A Vodafone Idea Ltd.'s signage. (Photographer: Vijay Sartape / Source: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Shares of telecom operator Vodafone Idea Ltd. rose over 12% in trade on Monday, as the Government approves offering limited relief to the company by reviewing and correcting potential duplicate entries and calculation errors in additional adjusted gross revenue (AGR) dues, as NDTV Profit learnt from officials related to the matter.

The possible relief would be confined to the Rs 9,450-crore additional demand raised for the period up to financial year 2017, in line with the Supreme Court’s Oct. 27 ruling, which permitted reassessment of discrepancies in the Department of Telecommunications’ (DoT) demand calculations.

Photo: NDTV Profit

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