Mahanagar Telephone Nigam
28.85
-1.47(-4.85%)
Market Cap₹1,817.55 Cr
PE Ratio-0.54
IndustryTelecom
Company Performance:
1D-4.85%
1M-19.84%
6M-42.20%
1Y-39.48%
5Y+117.74%
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More news about Mahanagar Telephone Nigam
02Jan 26
MTNL Extends Additional Charge of Director (HR & EB) Post for Dr Kalyan Sagar Nippani Till March 2026
Mahanagar Telephone Nigam Limited announced a three-month extension of additional charge for the Director (HR & EB) position assigned to Dr Kalyan Sagar Nippani from January 1 to March 31, 2026. The Department of Telecommunications approved this interim measure to prevent the position from remaining vacant, with the appointee not entitled to additional remuneration. The extension is subject to Appointments Committee of the Cabinet approval and was disclosed under SEBI regulatory compliance requirements.
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24Dec 25
Government Reportedly Planning Additional Financial Support for BSNL
The Indian government is reportedly exploring options to provide additional financial support to state-owned telecom company BSNL (Bharat Sanchar Nigam Limited). This information emerged in coverage related to MTNL (Mahanagar Telephone Nigam). Both BSNL and MTNL are government-owned telecom service providers facing operational and financial challenges in India's competitive telecom sector. Specific details about the proposed support package are yet to be disclosed.
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18Dec 25
NHPC Completes Trial Run of Unit 2 at 2000MW Subansiri Lower HE Project
NHPC Limited achieved a significant milestone by successfully completing the trial run of Unit 2 (250MW) at its flagship Subansiri Lower HE Project on December 18, 2025. The 2000MW project consists of 8 units of 250MW each and is strategically located across Assam and Arunachal Pradesh. The company has maintained consistent regulatory compliance by informing stock exchanges about this development under SEBI regulations, with further project updates expected as additional units progress toward commissioning.
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15Dec 25
MTNL Board Approves ₹350.72 Cr BKC Residential Property Sale to NABARD Under G2G Transfer
Mahanagar Telephone Nigam Limited has received board approval to sell its Bandra Kurla Complex residential property to NABARD for ₹350.72 crores through a government-to-government transfer mechanism. This transaction is part of the government's comprehensive asset monetization strategy aimed at unlocking value from public sector assets while generating operational revenue.
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11Dec 25
MTNL Unable to Provide Funds for Bond Interest Payments
Mahanagar Telephone Nigam Ltd has declared its inability to provide funds for bond interest payments, signaling severe financial distress. This announcement highlights significant liquidity constraints and raises concerns about the company's debt servicing capabilities, impacting bondholders and reflecting broader challenges in the telecommunications sector.
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21Nov 25
MTNL Successfully Funds Semi-Annual Interest Payment for 6.85% Bond Series VI
MTNL resolved its funding challenge for the 10th semi-annual interest payment on 6.85% Bond Series VI, successfully funding the Bank of India escrow account on December 18, 2025. The company had initially reported insufficient funds on December 11, but managed to complete the funding before the December 21 due date, ensuring bondholders receive their payments under the sovereign guarantee framework.
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13Nov 25
MTNL Secures Funding for Upcoming Bond Interest Payment
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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06Nov 25
MTNL's Leadership Extended: A. Robert J. Ravi Continues as CMD for Six More Months
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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04Nov 25
MTNL Faces Funding Shortfall for Bond Interest Payment, Sovereign Guarantee in Focus
Mahanagar Telephone Nigam Limited (MTNL) has reported its inability to fund the semi-annual interest payment for its 8.00% Bond Series VIIA due on November 15, 2025. The state-owned telecom provider cited insufficient funds as the reason for non-compliance. MTNL operates under a Tri-Partite Agreement requiring it to deposit interest into an escrow account 10 days before the due date. The bonds carry a sovereign guarantee from the Government of India, which can be invoked by the Debenture Trustee in case of default.
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04Nov 25
MTNL Secures Funding for Upcoming Bond Interest Payment
Mahanagar Telephone Nigam Limited (MTNL) has arranged funds for the 4th Semi-Annual Interest payment on its 7.80% MTNL Bond Series VIIIC due on November 7, 2025. The company funded the Designated ESCROW Account on November 4, 2025, three days ahead of the due date. This action demonstrates MTNL's commitment to meeting its debt obligations. However, MTNL reported inability to fund another bond series payment due to insufficient funds, highlighting ongoing financial challenges. The bonds are backed by a Sovereign Guarantee from the Government of India.
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28Oct 25
MTNL Faces Liquidity Crunch: Unable to Fund Bond Interest Payment
Mahanagar Telephone Nigam Limited (MTNL) has announced its inability to fund the escrow account for its upcoming bond interest payment due to insufficient funds. The payment, for the 7.80% VIII-C series bonds (ISIN: INE153A08170), is due on November 7, 2025. MTNL was required to deposit the interest amount 10 days prior to the due date as per the Tri-Partite Agreement. The bonds carry a sovereign guarantee from the Government of India, which may be invoked if MTNL defaults. This development raises concerns about MTNL's financial health and operational performance.
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22Oct 25
MTNL Defaults on Bank Payments, Total Debt Soars to ₹349.38 Billion
Mahanagar Telephone Nigam Limited (MTNL) has defaulted on principal and interest payments to seven banks, with outstanding amounts totaling ₹88.06 billion. The state-owned telecom provider's total debt has reached ₹349.38 billion as of September 30. MTNL's debt includes ₹240.71 billion in Sovereign Guaranteed Bonds and a ₹20.61 billion loan from the Department of Telecommunications. The company's financial struggles raise concerns about its operational efficiency and future viability in the competitive telecom market.
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15Oct 25
MTNL Extends A. Robert J. Ravi's Additional Charge as CMD for Three Months
The Department of Telecommunications has extended the additional charge of CMD of MTNL to Shri A. Robert J. Ravi, who is also the CMD of BSNL. The extension is from October 15, 2025 to January 14, 2026, subject to ACC approval. This continues the dual leadership arrangement for these state-owned telecom companies. MTNL has disclosed this information to stock exchanges in compliance with SEBI regulations.
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06Oct 25
BSNL Adds 1.39 Million New Mobile Subscribers in August
State-owned telecom operator Bharat Sanchar Nigam Limited (BSNL) reported a significant boost in its subscriber base, adding 1.39 million new mobile subscribers in August, according to data released by Mahanagar Telephone Nigam Limited (MTNL). This substantial increase demonstrates growing consumer interest in BSNL's services and potentially improved market competitiveness. The growth could lead to an increase in BSNL's market share, higher revenue potential, and may put pressure on private telecom operators to enhance their offerings.
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01Sept 25
MTNL Fined Rs 6.73 Lakh Each by NSE and BSE for Board Composition Non-Compliance
Mahanagar Telephone Nigam Ltd (MTNL) has been fined Rs 6.73 lakh each by NSE and BSE for failing to meet SEBI regulations on board composition. Violations include not appointing a woman director and non-compliance in constituting various committees. MTNL, citing its status as a public sector undertaking, stated that board appointments are made by the Department of Telecommunications. The company has recently appointed two independent directors, including a woman, and is working on appointing four more. MTNL has requested a waiver of the fines based on these developments.
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26Aug 25
BSNL to Expand Infrastructure with 300,000-400,000 New Towers
BSNL announces plans to install 300,000 to 400,000 new towers across India, significantly expanding its network coverage and capacity. The state-owned telecom company also intends to introduce affordable plans to attract customers from private operators. This two-pronged approach aims to enhance BSNL's competitiveness in the Indian telecom market, potentially impacting industry dynamics and improving connectivity nationwide.
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21Aug 25
MTNL Secures Funding for 7.80% Bond Series VIID Interest Payment
Mahanagar Telephone Nigam Limited (MTNL) has arranged funding for the interest payment on its 7.80% Bond Series VIID. The company deposited the required funds into an ESCROW account with Bank of India on August 21, ahead of the August 24 due date. This action follows a structured payment mechanism for MTNL's bonds, which includes government guarantee provisions. While this demonstrates MTNL's ability to meet immediate obligations, the company continues to face broader financial challenges, including declining revenues and operating losses.
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15Aug 25
MTNL Defaults on Multiple Bond Payments Due to Financial Constraints
Mahanagar Telephone Nigam Limited (MTNL) has failed to meet bond payment obligations for two series: 7.61% MTNL Bond Series VIIIB and 7.80% MTNL Bond Series VIID. The state-run telecom firm cited insufficient funds to deposit into its escrow account. Both bond series are covered by a Structured Payment Mechanism and carry a sovereign guarantee from the Government of India. The defaults raise concerns about MTNL's financial health and its ability to meet future obligations.
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07Aug 25
MTNL Ensures Timely Interest Payment on 7.78% Bond Series VIIC
Mahanagar Telephone Nigam Limited (MTNL) has funded the escrow account for the 5th semi-annual interest payment on its 7.78% Bond Series VIIC (INE153A08121). The interest is due on August 10, 2025, and MTNL funded the account on August 7, 2025, through Bank of India. This action, communicated to stock exchanges in compliance with SEBI regulations, demonstrates MTNL's commitment to meeting its financial obligations promptly.
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31Jul 25
Centre Plans ₹4,500 Crore Asset Sale for MTNL
The Indian government has announced plans to raise ₹4,500 crore through asset sales of Mahanagar Telephone Nigam Limited (MTNL), a state-owned telecom company operating in Mumbai and New Delhi. This strategic move aims to address MTNL's financial challenges and potentially improve its operational efficiency. The asset divestment initiative could provide financial relief, lead to operational restructuring, and potentially improve MTNL's market position. Specific details about the assets to be sold have not been disclosed.
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31Jul 25
Centre Plans ₹4,500 Crore Asset Sale for MTNL Amid Financial Challenges
The Indian government aims to raise ₹4,500 crore through asset sales of Mahanagar Telephone Nigam Limited (MTNL), a state-owned telecom company facing financial difficulties. MTNL has reported inability to fund its escrow account for upcoming bond interest payments due to insufficient funds. Despite financial challenges, MTNL's bonds are backed by a sovereign guarantee from the Government of India, with provisions for the debenture trustee to invoke this guarantee in case of default.
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26Jul 25
MTNL Extends Additional Charge of CMD to BSNL's A. Robert J. Ravi for Three Months
Mahanagar Telephone Nigam Limited (MTNL) has extended the additional charge of its Chairman and Managing Director (CMD) position to Shri A. Robert J. Ravi, the current CMD of Bharat Sanchar Nigam Limited (BSNL). The extension, approved by the Appointments Committee of the Cabinet, is for three months from July 15, 2025, to October 14, 2025, or until a regular incumbent assumes the position or further orders are issued. This decision was communicated through the Department of Telecommunications and disclosed by MTNL in compliance with SEBI regulations.
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17Jul 25
MTNL Secures Bond Interest Payments, Funds Escrow Account
Mahanagar Telephone Nigam Limited (MTNL) has funded an escrow account for its upcoming bond interest payment. The company completed the funding on July 17, 2025, for the 4th Semi-Annual Interest on its 7.59% MTNL Bond Series VIIIA, due on July 20, 2025. This action complies with SEBI's LODR Regulations and demonstrates MTNL's commitment to meeting its financial obligations.
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16Jul 25
MTNL Defaults on ₹8,585 Crore Bank Loans, Faces Mounting Debt
Mahanagar Telephone Nigam Limited (MTNL) has defaulted on loans totaling ₹8,585.00 crore from seven public sector banks. The state-owned telecom provider's total debt has reached ₹34,484.00 crore, raising concerns about its financial viability. In response, the Indian government has approved a non-auction route for monetising assets valued below ₹10.00 crore, potentially offering MTNL a way to generate liquidity from smaller assets.
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15Jul 25
MTNL Defaults on Rs 8,585 Crore Loan Repayment, Total Debt Soars to Rs 34,484 Crore
Mahanagar Telephone Nigam Limited (MTNL) has defaulted on loan repayments totaling Rs 8,584.93 crore to seven public sector banks. The default includes Rs 7,794.34 crore in principal and Rs 790.59 crore in interest payments. MTNL's total financial indebtedness has reached Rs 34,484 crore, including bank loans, Sovereign Guaranteed Bonds, and a loan from the Department of Telecommunications. The government is simplifying the process of selling MTNL's assets to central and state entities to accelerate debt repayment.
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14Jul 25
Government Eases Asset Purchase Rules for MTNL, Benefiting Central Companies
The Indian government has introduced a new policy allowing central companies to acquire assets from Mahanagar Telephone Nigam Limited (MTNL) at market prices without a formal auction process. This streamlined approach aims to simplify asset transfers, potentially improving MTNL's liquidity and resource allocation while offering central companies easier access to strategic assets. The policy emphasizes market-driven valuations to ensure fair pricing in transactions.
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03Jul 25
MTNL Asset Sale Process Simplified for Government Buyers
The Indian government has simplified the process of selling MTNL's assets to state and central government entities, bypassing the traditional auction method. Assets will now be offered at a simple valuation, with initial estimates ranging from Rs 6,000-7,000 crore. This move is part of a larger plan to monetize 220 out of 280 non-core assets across MTNL and BSNL. The proceeds from these sales are intended to repay MTNL's outstanding debt, potentially improving its financial health and operational focus.
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02Jul 25
MTNL Employees Protest as Integration with BSNL Raises Job Uncertainty
MTNL employees have initiated phased protests in Delhi and Mumbai, demanding clarity on their future as the company's services are being integrated into BSNL. Employee unions have expressed concerns to the Department of Telecommunications about stalled HR benefits and uncertain employment outcomes. The government is exploring re-employment options for 2,500 to 3,000 affected MTNL employees. Protesters are seeking assurances regarding job security, HR benefits, and future roles in the restructured organization. The situation remains ongoing as negotiations are expected to intensify.
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30Jun 25
MTNL Faces Substantial Subscriber Loss in May
Mahanagar Telephone Nigam Limited (MTNL) has experienced a significant decline in its subscriber base, losing 471,000 subscribers according to the latest Wireless Subscription Data for May released by the Telecom Regulatory Authority of India (TRAI). This substantial decrease raises questions about MTNL's market position and competitive strategy in the telecom sector. The loss may indicate shifting consumer preferences, increased competition, or potential issues with MTNL's service quality or pricing strategies.
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12Jun 25
Government Pledges to Revitalize MTNL, Details Awaited
The Minister of State for Communications has announced a commitment to revitalize Mahanagar Telephone Nigam Limited (MTNL), a state-owned telecom provider. The government is prepared to take 'all necessary actions' to support MTNL, which has been facing challenges. However, no specific plans or timelines were disclosed. MTNL operates primarily in Mumbai and New Delhi, and has been struggling with financial constraints and market competition. The announcement signals potential changes in MTNL's operations, financial structure, or market strategy.
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12Jun 25
Cabinet to Discuss MTNL Asset Transfer in Today's Meeting
The government is set to discuss the asset transfer of Mahanagar Telephone Nigam Limited (MTNL) in today's cabinet meeting. Specific details about the nature and extent of the proposed transfer are not yet disclosed. This development could have significant implications for MTNL's operations and financial structure. Investors and market analysts are likely to closely monitor the outcome of this meeting.
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12Jun 25
MTNL's Debt Restructuring Accepted, Haircuts Excluded
Mahanagar Telephone Nigam Limited (MTNL) has reached a corporate debt restructuring agreement with financial institutions. The deal excludes haircuts, maintaining the principal amount while allowing for renegotiation of debt terms. This development could provide MTNL with financial flexibility, potentially through revised interest rates or extended repayment periods.
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30May 25
Finance Ministry Seeks Asset Monetisation Plans from MTNL
The Finance Ministry has requested Mahanagar Telephone Nigam Limited (MTNL) to submit plans for monetising its assets, with approximately 50 assets identified as potential candidates. The ministry has declined to provide capital infusion to repay MTNL's outstanding liabilities, pushing the state-owned telecom provider to explore alternative strategies for managing its financial obligations. This development signals a shift towards self-reliance for public sector enterprises and may have significant implications for MTNL's future financial stability and operational capabilities in the telecommunications sector.
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30May 25
MTNL Urged to Submit Asset Monetisation Plan by Finance Ministry
The Finance Ministry has asked Mahanagar Telephone Nigam Limited (MTNL) to submit a time-bound plan for monetising about 50 identified assets nationwide. This initiative aims to generate funds to repay MTNL and BSNL's outstanding liabilities. MTNL currently faces a debt burden of Rs 33,568.00 crore. The National Land Monetisation Corporation (NLMC) is assisting MTNL in this process.
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28May 25
MTNL's Q4 Net Loss Widens to ₹836 Crore Amid Revenue Decline
Mahanagar Telephone Nigam Limited (MTNL) reported a consolidated net loss of ₹836.00 crore in Q4, up 4.50% from the previous year. Revenue decreased by 19.00% to ₹170.00 crore. Despite operational challenges, EBITDA improved significantly to ₹41.50 crore, up 133.10% year-over-year. The company continues to face financial pressures with negative operating profit and high interest expenses of ₹727.70 crore.
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22May 25
DOT Seeks Financial Backing for MTNL, Approaches Finance Ministry
The Department of Telecommunications (DOT) has approached the Finance Ministry to secure financial assistance for Mahanagar Telephone Nigam Limited (MTNL), a state-owned telecom operator facing financial challenges. This move aims to support MTNL's operations, potentially enabling infrastructure upgrades and improved services. The exact details of the financial support package are yet to be disclosed.
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05May 25
MTNL Defaults on Rs 6,100 Crore Bond Interest Payment, Sovereign Guarantee at Risk
Mahanagar Telephone Nigam Limited (MTNL) has failed to make interest payments on sovereign guarantee-backed bonds worth Rs 6,100 crore due to insufficient funds. The state-owned telecom operator was unable to fund the escrow account for the 5th semi-annual interest payment due on May 15, 2025, for its 8.00% MTNL Bond Series VII A. This default raises concerns about MTNL's financial health, with the company reporting negative total equity of Rs 23,662.80 crore. The situation may lead to the invocation of the sovereign guarantee, potentially impacting the government's fiscal position.
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05May 25
MTNL to Establish National Land Monetisation Corporation for Debt Reduction
Mahanagar Telephone Nigam Limited (MTNL) plans to create a National Land Monetisation Corporation to help repay its substantial debt by leveraging its land assets. This strategic move comes as MTNL faces significant financial challenges, with recent balance sheet data showing declining assets, increasing non-current liabilities, and worsening negative equity. The success of this land monetisation effort is crucial for MTNL's financial recovery and long-term sustainability in the competitive telecommunications sector.
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22Apr 25
MTNL Faces Financial Crisis: Defaults on ₹8,346 Crore Loan Repayments
Mahanagar Telephone Nigam Limited (MTNL) has defaulted on loan repayments of over ₹8,346 crore to multiple banks, with total outstanding debt reaching ₹33,568 crore. Banks await a repayment plan from MTNL and the Department of Telecom. Potential solutions include debt-to-equity conversion, interest rate reduction, and extended repayment terms. MTNL's Board of Directors will meet on May 28, 2025, to approve financial statements for the year ended March 31, 2025.
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20Apr 25
MTNL Defaults on ₹8,346.24 Crore Bank Loans Amid Mounting Debt Crisis
Mahanagar Telephone Nigam Limited (MTNL) has defaulted on bank loans totaling ₹8,346.24 crore from seven public sector banks over a seven-month period. The state-owned telecom provider's total debt obligations have reached ₹33,568.00 crore as of March 31, 2025. MTNL's financial health has deteriorated significantly, with negative shareholders' capital of ₹23,662.80 crore, declining assets, increasing liabilities, and a severe liquidity crunch. The company's ability to continue operations is under threat, potentially requiring government intervention or restructuring.
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19Apr 25
MTNL Defaults Increase to Rs 8,957 Crore Across Seven Major Banks
Mahanagar Telephone Nigam Limited has reported escalating financial troubles with loan defaults increasing to Rs 8,957 crore across seven major Indian banks, up from the previously reported Rs 8,346 crore. The government-owned telecom company's total financial indebtedness has also risen significantly to Rs 35,699 crore, comprising bank loans, sovereign guaranteed bonds, and Department of Telecommunications loans, highlighting the company's deepening financial crisis.
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17Mar 25
MTNL Shares Plunge 8% as Debt Default Woes Deepen
MTNL's stock dropped nearly 8% in early trading after the company defaulted on Rs 8,277.31 crore in principal and interest payments to multiple banks. The state-owned telecom provider's financial health is deteriorating, with negative equity of Rs 23,662.8 crore in FY 2024, a 22% increase in non-current liabilities to Rs 24,588.5 crore, and an 8.23% decrease in total assets. These metrics highlight MTNL's severe financial challenges and raise concerns about its future viability.
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13Mar 25
MTNL Boosts Coffers with ₹2,134.61 Crore from Asset Monetisation
Mahanagar Telephone Nigam Limited (MTNL) has generated ₹2,134.61 crore by selling land and building assets. Together with BSNL, they've raised ₹12,984.86 crore since 2019 through asset monetisation. The government is closely monitoring these efforts, which could help MTNL reduce debt, improve operations, and enhance market competitiveness. This aligns with the government's strategy to revitalize PSUs and optimize public assets in the evolving telecom sector.
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12Mar 25
MTNL Shares in Focus: Government Affirms No Privatization Plans for State-Owned Telecom Firms
The Indian government has announced it has no plans to privatize state-owned telecom operators Mahanagar Telephone Nigam Limited (MTNL) and Bharat Sanchar Nigam Limited (BSNL). This decision ensures continued government support for MTNL, maintaining its strategic position in the Indian telecom market. Additionally, MTNL has closed its trading window for designated persons from April 1, 2025, until 48 hours after the declaration of FY 2024-25 financial results, in compliance with SEBI regulations.
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Mahanagar Telephone Nigam
28.85
-1.47
(-4.85%)
1 Year Returns:-39.48%
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