MAHANAGAR TELEPHONE NIGAM LTD.

Mahanagar Telephone Nigam Limited (MTNL) has disclosed defaults on principal and interest payments totaling ₹9,495.33 crore to several banks, including Union Bank of India, Bank of India, Punjab National Bank, State Bank of India, UCO Bank, Punjab and Sind Bank, and Indian Overseas Bank. The defaults span across multiple lenders, with specific dates of default and Non-Performing Asset (NPA) dates provided. The total outstanding principal amount in default is ₹7,794.34 crore, with an additional ₹1,700.99 crore in overdue interest. This disclosure highlights significant financial distress for the company, which has total outstanding borrowings from banks at ₹9,495 crore and overall financial indebtedness of ₹37,223 crore.

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.

Mahanagar Telephone Nigam Ltd (MTNL) has disclosed defaults on principal and interest payments totaling ₹9,419 crore to several banks, including Union Bank of India, Bank of India, Punjab National Bank, State Bank of India, UCO Bank, Punjab & Sind Bank, and Indian Overseas Bank. The defaults, with Non-Performing Asset (NPA) dates ranging from August 2024 to February 2025, highlight significant financial distress. The company's total outstanding borrowings from banks stand at ₹9,419 crore, with overall financial indebtedness reaching ₹36,966 crore, including SG Bonds and a loan from the Department of Telecommunications.

Mahanagar Telephone Nigam Ltd (MTNL) has announced the closure of its trading window from July 1, 2026, until 48 hours after the declaration of its unaudited financial results for the quarter ended June 30, 2026. This closure applies to designated persons and their immediate relatives, prohibiting them from trading in MTNL securities. The purpose is to facilitate the consideration and approval of the financial results.

Mahanagar Telephone Nigam Ltd (MTNL) announced the approval of audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board also approved the appointment of M/s. R.M. Bansal & Co. as Cost Auditor for FY 2026-27 at a fee of ₹80,000 plus expenses. Shri Vasudev Singh was appointed as CFO & KMP, replacing Shri Anirudh Prasad Singh, effective May 21, 2026.

Mahanagar Telephone Nigam Ltd (MTNL) announced the approval of audited standalone and consolidated financial results for the year ended March 31, 2026, along with the appointment of M/s. R.M. Bansal & Co. as Cost Auditor for FY 2026-27. Additionally, Shri Vasudev Singh has been appointed as the Chief Financial Officer (CFO) & Key Managerial Personnel (KMP), replacing Shri Anirudh Prasad Singh, effective May 21, 2026. The board meeting was held on May 21, 2026.

Mahanagar Telephone Nigam Ltd (MTNL) has disclosed defaults in payment of principal and interest to multiple banks, totaling ₹9,339.68 crore. The defaults pertain to obligations with Union Bank of India, Bank of India, Punjab National Bank, State Bank of India, UCO Bank, Punjab and Sind Bank, and Indian Overseas Bank. The company's total outstanding borrowings from banks/financial institutions amount to ₹9,340 crore, while its total financial indebtedness stands at ₹36,545 crore, including bank loans, SG bonds, and loans from DoT.

Mahanagar Telephone Nigam Ltd (MTNL) has disclosed defaults on payment of principal and interest amounts to several banks, totaling ₹9,262.53 crore. The current default amount includes ₹7,794.34 crore in principal and ₹1,468.19 crore in interest. The company's total outstanding borrowings from banks and financial institutions are ₹9,263 crore. The total financial indebtedness of MTNL, encompassing bank loans, SG bonds, and loans from DoT, stands at ₹36,314 crore. The defaults involve lenders such as Union Bank of India, Bank of India, Punjab National Bank, State Bank of India, UCO Bank, Punjab and Sind Bank, and Indian Overseas Bank, with default dates ranging from August 2024 to February 2025.

Mahanagar Telephone Nigam Ltd (MTNL) announced that Shri Vishwas Pathak (DIN:00093771) and Ms. Deepika Mahajan (DIN:09408802) have ceased to be Independent Directors of the company. Their cessation is effective from April 15, 2026, due to the completion of their one-year tenure. They were re-appointed on April 15, 2025, as Non-Official Independent Directors by the Department of Telecommunications. This disclosure is in compliance with SEBI (LODR) Regulations, 2015.

Mahanagar Telephone Nigam Ltd (MTNL) has executed a Deed of Assignment of Leasehold Property with NABARD, transferring the leasehold right for the unexpired balance of the lease term of MTNL’s Residential Property, viz., GN Block, BKC Quarters (28 quarters), Plot Area 2680 sqm and Built-up Area 4021.43 sqm, at MMRDA Plot No. R-4, BKC, Bandra (E), Mumbai–400 098. The transaction consideration is ₹350.72 crore, which has been paid in full by NABARD.