Tata Teleservices<\/a> (TTSL<\/a>) has followed a stance similar to its listed subsidiary, Tata<\/a> Teleservices (Maharashtra), and decided not to convert its accrued interest on deferred adjusted gross revenue (AGR) dues into government equity, said government officials.

Meanwhile, they said the calculation of
Vodafone Idea<\/a>'s accrued interest is ongoing, and some clarifications on the date of share price conversion have been sought from the finance ministry. \"The government's estimates for TTSL<\/a>, like in the case of TTML<\/a>, were different from the telco's calculations,\" said an official aware of the development, adding that both companies have withdrawn the estimates they had provided.

TTSL had informed the telecom department of its desire to convert interest dues of Rs 4,139 crore into government equity, which was an option given in the telecom relief package announced last September.

This week, its listed arm,
Tata<\/a> Teleservices (Maharashtra) or TTML<\/a> , withdrew from this option, since its calculations over the net present value of accrued interest differed from those of the Department of Telecommunications<\/a> (DoT).

The telco had estimated the amount to be about Rs 850 crore, which would have meant a 9.5% stake to the government, but the latter's estimates show it to be Rs 195.22 crore. This means TTML will have to pay more dues compared with its own estimate.
\"\"
<\/span><\/figcaption><\/figure>Both TTSL and TTML's quantum of equity was subject to mutual agreement between the DoT and the telcos. TTSL did not respond to ET's queries on whether it has withdrawn its offer as TTML did. The Tata Group<\/a> company has AGR dues<\/a> of Rs 16,798 crore, of which it has paid Rs 4,197 crore.

With the
Tata group<\/a> companies withdrawing their offers, all eyes are on whether the DoT accepts Vodafone Idea<\/a>'s calculations. \"The calculations are still on, there are some checks on the date taken for share price conversion.

Details have been sent to the finance ministry,\" said another official. Vi on January 11 had said since the average price of the company's shares at the relevant date of August 14, 2021, was below par value, the equity will be issued to the government at the par value of Rs 10 per share, subject to confirmation by the DoT. The financially stressed telco has offered the government a 35.8% stake and has estimated an NPV of Rs 16,000 crore at a par value of Rs 10 per share.
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塔塔Tele遵循上市子公司TTML AGR费没有提供股本

TTSL已经通知电信部门的愿望4139卢比的利息费转化为政府的股权,这是一个选择电信去年9月宣布救援计划。

Devina森古普塔
  • 更新于2022年2月5日08:36点坚持
阅读: 100年行业专业人士
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塔塔电信业务(TTSL)类似于其上市子公司的立场,塔塔电信业务(马哈拉施特拉邦),并决定不将其应计利息延迟调整后总收入(AGR)会费到政府股权,政府官员说。

与此同时,他们说的计算沃达丰的想法持续的应计利息,一些澄清股价转换日期一直寻求从财政部。“政府的估计TTSL,就像在TTML是不同的,电信的计算”,说一位官员意识到发展,两家公司都撤回他们提供的估计。

广告
TTSL已经通知电信部门的愿望4139卢比的利息费转化为政府的股权,这是一个选择电信去年9月宣布救援计划。

本周,其上市子公司,塔塔电信业务(马哈拉施特拉邦)或TTML,退出了这个选项,因为其净现值的计算应计利息不同于那些的电信部(点)。

电信已经估计约为850卢比,这将意味着政府9.5%的股份,但后者的估计显示195.22卢比。这意味着TTML将不得不支付更多的税相比有自己的估计。
TTSL和TTML股本的量子点之间的相互协议和电信公司。TTSL没有回应等的查询是否已撤回其提供TTML一样。的塔塔集团公司拥有AGR费16798卢比,支付了4197卢比。

塔塔集团公司撤出,所有人都在关注是否点接受沃达丰的想法的计算。“计算仍在,有一些检查的日期股价转换。

细节已经发送到财政部,”另一位官员说。Vi 1月11日以来曾表示该公司股票的平均价格在8月14日的相关日期2021年,低于票面价值,股票将会向政府发行的面值10卢比每股,确认点。经济上强调电信提供了政府35.8%的股份,估计16000卢比的NPV Rs 10每股的票面价值。
  • 发布于2022年2月5日07:36点坚持

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Tata Teleservices<\/a> (TTSL<\/a>) has followed a stance similar to its listed subsidiary, Tata<\/a> Teleservices (Maharashtra), and decided not to convert its accrued interest on deferred adjusted gross revenue (AGR) dues into government equity, said government officials.

Meanwhile, they said the calculation of
Vodafone Idea<\/a>'s accrued interest is ongoing, and some clarifications on the date of share price conversion have been sought from the finance ministry. \"The government's estimates for TTSL<\/a>, like in the case of TTML<\/a>, were different from the telco's calculations,\" said an official aware of the development, adding that both companies have withdrawn the estimates they had provided.

TTSL had informed the telecom department of its desire to convert interest dues of Rs 4,139 crore into government equity, which was an option given in the telecom relief package announced last September.

This week, its listed arm,
Tata<\/a> Teleservices (Maharashtra) or TTML<\/a> , withdrew from this option, since its calculations over the net present value of accrued interest differed from those of the Department of Telecommunications<\/a> (DoT).

The telco had estimated the amount to be about Rs 850 crore, which would have meant a 9.5% stake to the government, but the latter's estimates show it to be Rs 195.22 crore. This means TTML will have to pay more dues compared with its own estimate.
\"\"
<\/span><\/figcaption><\/figure>Both TTSL and TTML's quantum of equity was subject to mutual agreement between the DoT and the telcos. TTSL did not respond to ET's queries on whether it has withdrawn its offer as TTML did. The Tata Group<\/a> company has AGR dues<\/a> of Rs 16,798 crore, of which it has paid Rs 4,197 crore.

With the
Tata group<\/a> companies withdrawing their offers, all eyes are on whether the DoT accepts Vodafone Idea<\/a>'s calculations. \"The calculations are still on, there are some checks on the date taken for share price conversion.

Details have been sent to the finance ministry,\" said another official. Vi on January 11 had said since the average price of the company's shares at the relevant date of August 14, 2021, was below par value, the equity will be issued to the government at the par value of Rs 10 per share, subject to confirmation by the DoT. The financially stressed telco has offered the government a 35.8% stake and has estimated an NPV of Rs 16,000 crore at a par value of Rs 10 per share.
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