Management Change8 Jul 2026, 03:16 pm
MTNL: Government Nominee Directors Cease and Appointed
AI Summary
Mahanagar Telephone Nigam Ltd (MTNL) has announced changes in its board composition. Shri Sunil Kumar Ranjan and Shri Alok Shukla have ceased to be Government Nominee Directors effective July 8, 2026, following the withdrawal of their nomination by the Department of Telecommunications (DoT). Concurrently, Shri Shyamal Misra, Additional Secretary (Telecommunications), DoT, and Shri K Balaji, Joint Secretary (Administration), DoT, have been appointed as new Government Nominee Directors with immediate effect. These appointments are made ex-officio and will remain in effect until further orders, in accordance with the company's Articles of Association and SEBI (LODR) Regulations.
Key Highlights
- Two Government Nominee Directors have ceased their roles on the MTNL board.
- Two new Government Nominee Directors have been appointed to the MTNL board.
- The changes are effective immediately and are in line with regulatory requirements.
- These appointments are ex-officio and subject to further orders.
Price Impact
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