Mahanagar telephone nigam Limited has informed stock exchanges about an upcoming Board of Directors meeting scheduled for May 21, 2026. The meeting will focus on approving the company's audited financial statements for the financial year ended March 31, 2026.

Board Meeting Details

The telecommunications company has scheduled the board meeting in compliance with Regulation 29(1)(a) and 50(1)(c) of SEBI (LODR) Regulations, 2015. The meeting agenda includes consideration and approval of both standalone and consolidated audited financial statements.

Trading Window Restrictions

The company has maintained its trading window closure as previously announced. The restriction on dealing or trading in company shares remains in effect from April 1, 2026 to May 23, 2026, covering both days inclusive. This closure was initially communicated to exchanges through a letter dated March 5, 2026.

Stock Exchange Communication

MTNL has formally notified both major Indian stock exchanges about the board meeting. The communication was sent to BSE Limited and National Stock Exchange of India Limited on April 17, 2026, ensuring compliance with regulatory disclosure requirements.

The formal notification was signed by Company Secretary Ratan Mani Sumit and submitted to fulfill the company's regulatory obligations under SEBI listing regulations.

Mahanagar telephone nigam Limited has disclosed significant payment defaults to multiple banks, reporting total outstanding obligations of ₹9,263 crore as of March 31, 2026. The state-owned telecommunications company informed BSE and NSE about these defaults under SEBI regulations on April 17, 2026.

Default Details Across Seven Banks

The company has defaulted on payments to seven major public sector banks, with defaults occurring at different dates throughout 2024 and 2025. The defaults encompass both principal and interest components across the banking consortium.

Financial Indebtedness Overview

MTNL's total financial obligations extend beyond bank borrowings, encompassing multiple debt categories. The company's comprehensive debt structure reflects its challenging financial position.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 and SEBI Circular No SEBI/HO/CFD/CMD1/CIR/P/2019/140 dated November 21, 2019. This represents a continuation of previous disclosures, with the company having made similar intimations throughout 2024, 2025, and 2026.

Company Profile

Mahanagar Telephone Nigam Limited operates as a Government of India enterprise with CIN L32101DL1986GOI023501. The company's registered and corporate office is located at Mahanagar Doorsanchar Sadan, 9 CGO Complex, Lodhi Road, New Delhi. The disclosure was signed by Company Secretary Ratan Mani Sumit and filed with both BSE and NSE.