MTNL Secures Funding for Upcoming Bond Interest Payment

1 min read     Updated on 13 Nov 2025, 05:32 AM
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Reviewed by
Naman SharmaScanX News Team
Overview

Mahanagar Telephone Nigam Limited (MTNL) has funded the designated escrow account for its upcoming semi-annual interest payment on the MTNL Bond Series VIIA (ISIN: INE153A08105). The 8.00% interest payment, due on November 15, 2025, was funded on November 12, 2025, in the escrow account maintained with Bank of India. MTNL has informed both BSE and NSE about this arrangement, complying with SEBI LODR regulations.

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Mahanagar Telephone Nigam Limited (MTNL), a government-owned telecommunications service provider, has taken proactive steps to ensure timely payment of interest on its bonds. The company recently announced that it has successfully funded the designated escrow account for its upcoming semi-annual interest payment.

Key Details of the Bond Interest Payment

Aspect Details
Bond Series MTNL Bond Series VIIA
ISIN INE153A08105
Interest Rate 8.00%
Payment Due Date November 15, 2025
Escrow Account Funding Date November 12, 2025
Escrow Account Maintained With Bank of India

Significance of the Announcement

This move by MTNL demonstrates the company's commitment to meeting its financial obligations on time. By funding the escrow account three days prior to the due date, MTNL ensures that bondholders will receive their interest payments as scheduled.

Regulatory Compliance

In line with transparency requirements, MTNL has duly informed both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) about this funding arrangement. This disclosure complies with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR), 2015.

Company's Communication

According to the official communication from MTNL:

"Further to our letter of even no dated 04.11.2025, we would like to inform you that the funding of Designated ESCROW Account maintained in Bank of India for payment of 06th Semi Annual Interest w.r.t. 8.00 % MTNL Bond Series VII A (INE153A08105) which is due on 15th November 2025 has been done on 12th November 2025."

This statement, signed by Ratan Mani Sumit, the Company Secretary of MTNL, confirms the timely funding of the escrow account.

For investors and stakeholders, this announcement provides assurance about MTNL's financial management and its ability to meet debt obligations. It also reflects the company's adherence to regulatory requirements and commitment to transparent communication with the market.

Historical Stock Returns for Mahanagar Telephone Nigam

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MTNL's Leadership Extended: A. Robert J. Ravi Continues as CMD for Six More Months

1 min read     Updated on 06 Nov 2025, 09:06 PM
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Reviewed by
Shriram ShekharScanX News Team
Overview

The Appointments Committee of the Cabinet has approved a six-month extension of additional charge for Shri A. Robert J. Ravi as Chairman and Managing Director (CMD) of Mahanagar Telephone Nigam Limited (MTNL). The extension is effective from October 15, 2025, until a regular incumbent assumes charge or further orders are issued. Ravi, who is also the CMD of BSNL and BBNL, will not receive additional remuneration for this role. MTNL disclosed this information to stock exchanges in compliance with SEBI regulations.

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In a significant development for Mahanagar Telephone Nigam Limited (MTNL), the Appointments Committee of the Cabinet has approved the extension of additional charge for the company's leadership. This decision underscores the government's approach to ensuring continuity in the management of key public sector enterprises.

Leadership Extension Details

The extension of additional charge for MTNL's top position has been approved as follows:

Aspect Details
Position Chairman and Managing Director (CMD), MTNL
Appointee Shri A. Robert J. Ravi
Current Role CMD, Bharat Sanchar Nigam Limited (BSNL)
Extension Period Six months
Effective From October 15, 2025
Duration Until assumption of charge by a regular incumbent or further orders, whichever is earlier
Additional Remuneration Not entitled

Multiple Responsibilities

It's noteworthy that Shri A. Robert J. Ravi's responsibilities extend beyond MTNL. The approval also covers his additional charges as:

  • CMD of BSNL (Bharat Sanchar Nigam Limited)
  • CMD of BBNL (Bharat Broadband Network Limited)

This multi-company leadership role highlights the government's strategy of leveraging experienced executives across related public sector enterprises in the telecommunications sector.

Regulatory Compliance

In adherence to regulatory requirements, MTNL has promptly disclosed this information to the stock exchanges. As per the company's filing:

  • The disclosure is in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.
  • The Department of Telecommunications (DoT), Ministry of Communications, Government of India, conveyed the ACC's approval via letter No. E-1-6/2018-PSA dated November 06, 2025.

Implications and Outlook

This extension of leadership at MTNL comes at a crucial time for India's telecom sector, which is undergoing rapid technological advancements and fierce competition. The continuity in top management could potentially provide stability as MTNL navigates these challenges.

While the extension is temporary, it allows for seamless operations until a permanent appointment is made. Stakeholders will be keenly watching how this leadership continuity impacts MTNL's strategic decisions and operational performance in the coming months.

Historical Stock Returns for Mahanagar Telephone Nigam

1 Day5 Days1 Month6 Months1 Year5 Years
-0.94%-2.27%-3.67%-1.23%-13.53%+330.63%
Mahanagar Telephone Nigam
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