Mahanagar Telephone Nigam Ltd has closed its trading window for designated persons and their immediate relatives effective July 1, 2026, to prevent insider trading ahead of its financial results. The closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and applies to the purchase or sale of the company’s securities. The window will remain shut until 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026.

The restriction covers designated persons as defined under Regulation 9(4) of the SEBI (PIT) Regulations, 2015, and their immediate relatives, including spouses, parents, siblings, and children who are financially dependent or consult them on trading decisions. The list of designated employees is determined based on their role, function, and access to unpublished price-sensitive information, in addition to seniority and professional designation.

The purpose of the trading window closure is to ensure compliance during the consideration and approval of the unaudited reviewed financial results for the quarter ended June 30, 2026. The company secretary, Ratan Mani Sumit, issued the notice confirming the timeline.

The move aligns with the company’s internal code of conduct for the prevention of insider trading, which mandates such closures during periods involving material financial disclosures.

Mahanagar Telephone Nigam Limited has been directed to pay a financial disincentive of ₹6,00,000 by the Telecom Regulatory Authority of India (TRAI) for failing to meet prescribed quality benchmarks. The penalty, imposed via an order dated June 08, 2026, addresses contraventions of the Standards of Quality of Service of Access (Wireline and Wireless) and Broadband (Wireline and Wireless) Service Regulations, 2024. The violation specifically pertains to the company's Broadband (Wireline) Service performance during the quarter ending June 2025.

The disclosure was made to the exchanges in compliance with Regulation 30 and 51 of the SEBI (LODR) Regulations, 2015. The company confirmed that the financial disincentive amounts to ₹6,00,000 and that the order was received on June 08, 2026. Despite the monetary penalty, the company assessed the situation and determined that the event does not have a material impact on its financial, operational, or other activities.

Details of the Penalty

The following table outlines the specifics of the regulatory action taken against the company:

The regulatory standards cited in the order are designed to ensure consistent service quality for consumers across wireline and wireless broadband segments. The penalty serves as a financial disincentive for the specific lapses recorded during the stated quarter.