Archive · 5 Aug 2026
Vodafone Idea sets August 27 AGM to declare FY26 statement
Vodafone Idea is a big phone company in India.
It told everyone it will have a big meeting on August 27, 2026.
At this meeting, it will show its money numbers and share its plans.
The company had been in trouble and owed the government a lot of money.
The government agreed to lower the amount it had to pay back.
Because of this, the company showed a very big profit on paper.
The government now owns almost half of the company.
The company is building lots of new phone towers across the country.
Its share price has gone up a lot in the past year.
The company hopes to keep growing and make more money in the future.
Vodafone Idea's 31st Annual General Meeting is scheduled for August 27, 2026, via video conferencing to consider Q1FY27 financial results.
The company reported a standalone profit after tax of ₹34,482 crore in FY26, boosted by a one-time gain from the AGR reassessment.
AGR dues were finalized at ₹64,046 crore, down from ₹87,695 crore, with the revised payment schedule stretching to FY41.
The Government of India now owns 49% of Vodafone Idea after nearly ₹36,900 crore of spectrum dues were converted into equity.
The company has signed network expansion agreements worth around ₹30,000 crore and its stock has risen 85% over the past year.
- Who
- Vodafone Idea, a telecom operator in which the Government of India now holds a 49% stake.
- What
- The company scheduled its 31st Annual General Meeting to consider Q1FY27 results and published its FY26 annual report outlining its turnaround strategy.
- When
- August 27, 2026, at 4:30 P.M. IST; the FY26 annual report covered the financial year 2025-26.
- Where
- India, with the AGM held through Video Conferencing.
- Why
- To declare financial results and present progress on fundraising, network expansion, and balance sheet repair following the AGR reassessment.
- AGM Date
- August 27, 2026, 4:30 P.M. IST
- AGM Mode
- Video Conferencing
- FY26 Standalone PAT
- ₹34,482 crore (includes one-time AGR gain)
- FY26 Total Income
- ₹44,949 crore
- AGR Dues
- ₹64,046 crore (down from ₹87,695 crore)
- Government Stake
- 49%
- Funds Raised (FY24-FY25)
- ~₹24,500 crore
- Broadband Towers
- Over 202,000