Telecom firm Vodafone Idea Ltd on September 20 announced a conference call with investors and analysts on September 23 to provide “an update on recent developments”. The announcement comes in the wake of Supreme Court dismissing a batch of pleas filed by companies, including Vodafone Idea and Bharti Airtel, seeking correction of alleged errors in the Adjusted Gross Revenue.
Post-apex court ruling, Vodafone Idea’s shares faced selling pressure in the last two trading sessions. The shares fell nearly 20 percent in the last two days.