Mahanagar Telephone Nigam Ltd

Extension of MTNL Director (HR & EB) charge

• Dr. Kalyan Sagar Nippani's Additional Charge extended for three months (01.10.2026 to 31.12.2026), subject to ACC approval.

AGM Details

• Held on 30 September 2026 at 11:34 AM via VC/OAVM.

Ordinary Business

• Adopt audited standalone and consolidated financial statements for the year ended 31 March 2026.
• Re-appoint Dr Kalyan Sagar Nippani as Director (HR & EB) by rotation.
• Appoint C&AG as auditor for FY 2026-27.

Special Business

• Approve appointment of Shyamal Misra as Government Nominee Director.
• Approve appointment of K Balaji as Government Nominee Director.
• Ratify remuneration of Cost Auditors for FY 2026-27.

Voting Status

• Voting results will be announced within two working days.

Regulatory penalty

• TRAI order dated 24 Sep 2026 levies Rs 15,00,000 penalty on MTNL for QoS violations in broadband service.
• Penalty for contravention of Regulation 9 and 10 of QoS Standards for quarter ending March 2026.
• No material impact on MTNL's financials or operations.

Regulatory penalty

• TRAI order for Rs 14 lakh penalty for MTNL QoS regulation breaches for quarter ending Dec 2025.
• No material impact on MTNL's financials or operations.

TRAI penalties

• TRAI penalties total Rs 16.70 lakh for MTNL QoS violations in Sep 2025 quarter.
• Order dated 14 Sep 2026; received 15 Sep 2026.
• Violations cited: Reg 9, 10 and Reg 13 QoS standards.
• No material impact on MTNL's finances or operations.

MTNL Delhi senior management changes

• Cessation: Kiran Dubey ceases as CGM-DL and PGM(D&EB)/PGM(O&WS) MTNL Delhi, effective 14.09.2026.
• Additional charge: Rajeev Narang, PGM(CFA) Delhi, entrusted with CGM Delhi and PGM(O&WS)/PGM(D&EB), effective 14.09.2026.

Default details

• Nature of obligation: Principal and Interest Payment.
• Lenders: UBI; BOI; PNB; SBI; UCO Bank; PSB; IOB.
• UBI: 12-08-2024.
• BOI: 04-09-2024.
• PNB: 09-09-2024; 28-09-2024.
• SBI: 28-09-2024.
• PSB: 08-10-2024.
• IOB: 03-02-2025.
• Current default principal: 7,794.34 crore.
• Current default overdue interest: 1,859.91 crore.
• Current default overdue principal: 2,195.72 crore.
• Total current default: 9,654.25 crore.
• Total outstanding borrowings from banks/financial institutions: 9,654 crore.
• Total financial indebtedness: 37,475 crore.
• Composition: Bank loans 9,654; SG bonds 24,071; SG bond interest 3,750.
• Insolvency/restructuring: No related proceedings disclosed.

MTNL: Trading Window Closed from 01 October 2026 for quarter ended 30 September 2026, until 48 hours after the declaration of unaudited financial results

Appointment of joint statutory auditors

• Appointed as joint statutory auditors for FY 2026-27 by the CAG of India.
• Firms named: S L Chhajed & Co LLP and S P A R K & Associates LLP.
• There is no change in the first statutory auditor from last year: S L Chhajed & Co LLP.
• Joint auditors will also audit consolidated financial statements under the Companies Act, 2013.