Mahanagar Telephone Nigam Limited has filed its monthly compliance report with BSE and NSE regarding physical share transfer activities under the Securities and Exchange Board of India's special window for December 2025. The report, submitted on January 14, 2026, provides details of transfer request processing during the specified period.

Transfer Activity Summary

The company's registrar and share transfer agent, Beetal Financial & Computer Services Private Limited, processed transfer requests under SEBI's special window during December 2025. The activity summary shows measured but efficient processing of physical share transfers.

Regulatory Compliance Framework

This reporting mechanism operates under SEBI Circular No. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/97 dated July 2, 2025. The circular established the special window framework for re-lodgement of transfer requests involving physical shares, requiring companies to maintain detailed records and submit monthly reports to stock exchanges.

The special window provides shareholders holding physical certificates an opportunity to complete transfer processes that may have been pending or require re-submission. Companies must process these requests within specified timeframes and maintain transparency through regular reporting to exchanges.

Processing Efficiency

The December 2025 data indicates streamlined processing, with the single transfer request moving through the complete cycle from receipt to approval. The 9-day processing timeline demonstrates adherence to regulatory requirements while ensuring proper verification and documentation procedures.

Beetal Financial & Computer Services, serving as the company's SEBI-approved Category I Registrar and Share Transfer Agent, handled the administrative aspects of the transfer process. The agent maintains registration number INR 000000262 with SEBI and operates from its registered office in New Delhi.

Corporate Communication

Company Secretary Ratan Mani Sumit signed the compliance document digitally on January 14, 2026, ensuring proper authentication and regulatory adherence. The report was simultaneously submitted to both BSE (Scrip Code: 500108) and NSE (Symbol: MTNL) as required under listing obligations.

This monthly reporting system enables stock exchanges to monitor physical share transfer activities across listed companies, ensuring investor protection and market transparency. The standardized format allows for consistent tracking of transfer request volumes, processing efficiency, and approval rates across the market.

Mahanagar Telephone Nigam Limited (MTNL) has announced changes to its board of directors, involving the cessation of one Government Nominee Director and the appointment of another. The company disclosed these developments in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, on January 13, 2026.

Director Cessation and Appointment Details

The board changes involve two key personnel from the Department of Telecommunications (DoT). The cessation and appointment were formalized through official communication from the Ministry of Communications, Department of Telecommunications.

Appointment Terms and Conditions

Sunil Kumar Ranjan's appointment as Government Nominee Director comes with specific terms outlined by the Department of Telecommunications. The appointment is made under Article 66-A of MTNL's Memorandum of Association & Articles of Association.

Regulatory Compliance and Documentation

MTNL's disclosure was made in strict compliance with SEBI regulations, ensuring transparency in corporate governance. The company secretary, Ratan Mani Sumit, signed the disclosure document, which was submitted to both BSE Limited and National Stock Exchange of India Limited.

The official communication from the Department of Telecommunications was signed by Amit Kundan, Under Secretary to the Government of India, and distributed to multiple stakeholders including various government officials and MTNL management. The letter referenced specific government procedures and emphasized the need for necessary action under the Companies Act, 2013.

Corporate Governance Impact

This board change represents routine government oversight in state-owned enterprises, maintaining continuity in government representation on MTNL's board. The seamless transition from one DDG-level officer to another ensures continued government participation in the company's strategic direction and governance framework.

The appointment follows established protocols for government nominee directors in public sector undertakings, reflecting the government's ongoing involvement in MTNL's operations and strategic decisions.