MTNL Announces Completion of Tenure for Two Independent Directors
MTNL has announced the completion of tenure for two independent directors, Shri Vishwas Pathak and Ms. Deepika Mahajan, effective April 15, 2026. Both directors served a one-year term after being re-appointed by the Department of Telecommunications in April 2025. The disclosure was made in compliance with SEBI regulations to both BSE and NSE.

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Mahanagar telephone nigam Limited (MTNL) has announced the completion of tenure for two independent directors, marking a significant board composition change for the government telecommunications enterprise.
Directors' Tenure Completion
The company informed both BSE and NSE on April 15, 2026, that two independent directors have ceased their positions following the completion of their tenure. The announcement was made in compliance with Regulation 30 and 51 of SEBI (LODR) Regulations, 2015.
| Parameter: | Details |
|---|---|
| Effective Date: | April 15, 2026 |
| Directors Affected: | 2 Independent Directors |
| Reason: | Completion of Tenure |
| Regulatory Compliance: | SEBI (LODR) Regulations 30 & 51 |
Director Details
The two directors who completed their tenure are:
| Director Name: | DIN Number | Position |
|---|---|---|
| Shri Vishwas Pathak | 00093771 | Independent Director |
| Ms. Deepika Mahajan | 09408802 | Independent Director |
Appointment Background
Both directors were re-appointed by the Department of Telecommunications, Ministry of Communications, Government of India through Letter No. E-5-3/2018-PSA dated April 15, 2025. The re-appointment was for a period of one year, effective from April 15, 2025, or until further orders, whichever was earlier.
Regulatory Disclosure
MTNL's disclosure follows the requirements under Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015, read with SEBI Circular No. HO/49/14/14(7)2025-CFD-PoD2/1/3762/2026 dated January 30, 2026. The company secretary, Ratan Mani Sumit, signed the official communication to both stock exchanges.
Company Information
MTNL operates as a Government of India enterprise with CIN L32101DL1986GOI023501. The company's registered and corporate office is located at Mahanagar Doorsanchar Sadan, 5th Floor, 9 CGO Complex, Lodhi Road, New Delhi. The stock trades on BSE under scrip code 500108 and on NSE under the symbol MTNL.
Historical Stock Returns for Mahanagar Telephone Nigam
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.03% | +18.99% | +35.36% | -20.83% | -24.19% | +103.91% |
Who will the Department of Telecommunications appoint as replacement independent directors and what expertise will they bring to MTNL's board?
How might the board composition changes impact MTNL's strategic decisions regarding 5G rollout and digital transformation initiatives?
Will the new independent directors influence MTNL's approach to competing with private telecom operators like Jio and Airtel?


































