# Vodafone Idea announced a boardroom reshuffle following a sharp reduction in its adjusted gross revenue (AGR) liabilities.

*fintech · news · 2026-05-06 · Business Standard*

## Key points

- Vodafone Idea's AGR dues were cut by 27% to ₹64,046 crore, payable over 10 years starting FY36.
- Lenders have not yet committed to specific funding as Vi hasn't provided promoter or group guarantees.
- Spectrum, Vi's main asset, cannot be used as collateral due to recent court rulings.
- Vi expects ₹5,836 crore from Vodafone Plc under a revised CLAM settlement, with partial cash infusion soon.
- Analysts estimate Vi may need up to $8 billion for substantial 4G expansion and competitive 5G rollout.

**Companies:** Vodafone Group Plc, Aditya Birla Group, Vodafone Idea
**Countries:** India

[Read the full story on Business Standard](https://www.business-standard.com/companies/news/banks-seek-promoters-skin-in-the-game-for-vodafone-idea-funding-126050501336_1.html)

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