Mahanagar Telephone Nigam Limited informed stock exchanges that the Department of Telecommunications (DoT) has extended the additional charge of the post of Director (HR & EB) to Dr. Kalyan Sagar Nippani. The extension is effective from October 1, 2026, to December 31, 2026.

Dr. Nippani currently serves as Director (Human Resources) at Bharat Sanchar Nigam Limited (BSNL). The DoT order states that this interim measure ensures the post does not remain vacant and is subject to the approval of the Appointments Committee of the Cabinet (ACC).

Extension Details

The extension was granted via a letter dated September 30, 2026, referencing a previous order from March 24, 2026. The directive specifies that the additional charge continues until further orders or the end date, whichever is earlier.

Conditions of Appointment

The order explicitly notes that during the period of holding this additional charge, Dr. Nippani will not be entitled to any additional remuneration. The decision was issued with the approval of the Minister-in-charge for Communications.

MTNL stated that this disclosure complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the disclosure of events or information.

Mahanagar Telephone Nigam Limited held its 40th Annual General Meeting (AGM) on September 30, 2026, through Video Conferencing/Other Audio Visual Means. The meeting commenced at 11:34 am and concluded at 12:22 pm, with 65 members attending, including the Authorised Representative of the President of India.

Key resolutions passed

The shareholders considered and approved several ordinary business items. The primary resolution involved receiving, considering, and adopting the audited standalone and consolidated financial statements for the financial year ended March 31, 2026, along with the Board of Directors' and Auditors' reports.

Additionally, the meeting approved the re-appointment of Dr Kalyan Sagar Nippani, Director (HR & EB), who retired by rotation and was eligible for re-appointment. The remuneration of the Statutory Auditors for FY27, appointed by the Comptroller & Auditor General of India, was also fixed during the session.

Special business and director appointments

Under special business, members approved the appointment of two Government Nominee Directors from the Department of Telecommunications (DoT):

• Shyamal Misra (Additional Secretary, DoT)
• K Balaji (Joint Secretary, Administration, DoT)

The meeting also ratified the remuneration of Cost Auditors for FY27.

Chairman's address and revival plan

A. Robert J. Ravi, Chairman and Managing Director, delivered a speech outlining the company's strategic direction. His address covered the MTNL Revival Plan, the service agreement between MTNL and BSNL, the resolution plan for bank loans, and the asset monetization plan. He also reviewed the financial performance of MTNL and its subsidiary and joint venture companies.

Voting and scrutiny process

Remote e-voting facilities were available from September 27, 2026, to September 29, 2026. Hemant Kumar Singh, Partner of M/s Hemant Singh & Associates, served as the scrutinizer. The voting results and the scrutinizer's report are scheduled to be announced on or before October 5, 2026.