Mahanagar Telephone Nigam MD, chairman, board of directors and AGM
NSE: MTNLBSE: 500108Telecom - ServicesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹24.64.
- Next results date: the board meets on 13 Nov 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,434 Cr1,191st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- Net worth zero or below
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business.
- Net worth zero or below
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 12 Aug 2026
- −12.5%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- Net worth zero or below
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 46,24,80620.7% delivered
Mahanagar Telephone Nigam board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.
- Chairperson and managing directorA. ROBERT J. RAVI
- Company SecretaryRATAN MANI SUMIT
6 directors4 executive2 non-executive
- A. ROBERT J. RAVI · Chairperson and managing directorExecutive · joined Jul 2024 · 2 listed boards
- DR. KALYAN SAGAR NIPPANIExecutive · joined Aug 2024 · 2 listed boards
- RAJIV KUMARExecutive · joined Dec 2022 · 2 listed boards · 2 committee seats
- SUDHAKARARAO PAPAExecutive · joined May 2025 · 2 listed boards · 2 committee seats
- SHYAMAL MISRANominee, non-executive · joined Jul 2026 · 2 listed boards · 4 committee seats, 2 as chair
- K BALAJINominee, non-executive · joined Jul 2026 · 2 listed boards · 4 committee seats, 1 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
10 directors who left
- ALOK SHUKLA, left 8 Jul 2026: Others
- SUNIL KUMAR RANJAN, left 8 Jul 2026: Others
- VISHWAS PATHAK, left 15 Apr 2026: Tenure Completion
- DEEPIKA MAHAJAN, left 15 Apr 2026: Tenure Completion
- SHIVENDU GUPTA, left 13 Jan 2026: Tenure Completion
- PIYUSH RANJAN NISHAD, left 23 Mar 2025: Tenure Completion
- SUNIL KUMAR VERMA, left 30 Jan 2025: Others
- NIRAJ VERMA, left 8 Nov 2024: Others
- SARV DAMAN BHARAT, left 1 Nov 2024: Tenure Completion
- YOGESH KUMAR TAMRAKAR, left 1 Nov 2024: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 12 Aug 20266 of 6 present0 independent · 82 days in between
- 21 May 20266 of 6 present0 independent · 40 days in between
- 10 Apr 20267 of 8 present2 independent
Audit Committee
Chair SHYAMAL MISRA
SUDHAKARARAO PAPA, K BALAJI
- 12 Aug 20263 of 3 present0 independent · 82 days in between
- 21 May 20263 of 3 present0 independent
Nomination and remuneration committee
Chair K BALAJI
DR. KALYAN SAGAR NIPPANI, SHYAMAL MISRA
- 12 Aug 20263 of 3 present0 independent
Stakeholders Relationship Committee
Chair K BALAJI
RAJIV KUMAR, SHYAMAL MISRA
No meeting listed in the filing.
Risk Management Committee
Chair RAJIV KUMAR
SUDHAKARARAO PAPA, DR. KALYAN SAGAR NIPPANI, K BALAJI
- 12 Aug 20264 of 4 present0 independent · 180 days in between
- 12 Feb 20264 of 4 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditors
Named in the results for the quarter to Mar 2026.
- OP BAGLA CO & LLPPeer-review certificate valid to Mar 2028
- SL CHHAJED & LLPPeer-review certificate valid to Mar 2027
2 earlier auditors
- OP BAGLANamed in the filing for the quarter to Mar 2025
- SL CHHAJEDNamed in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Mahanagar Telephone Nigam AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Mahanagar Telephone Nigam dividend history
Annual general meeting, 30 Sep 2026
3,65,223 shareholders on the register on 23 Sep 2026; present: 1 promoter and 64 others; votes counted by HEMANT KUMAR SINGH / M/s Hemant Singh & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone & Consolidated Financial Statements of the Company for the Financial Year ended 31st March 2026, the reports of the Board of Directors andAuditors thereon and in this regard to consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution: “RESOLVED THAT the Audited Standalone & Consolidated Financial Statements of the Company forthe Financial Year ended 31st March 2026, the reports of the Board of Directors and Auditors thereonas circulated to the Members be and are hereby considered and adopted”MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 2.91%
Turnout: all 69.59% · promoters 100.00% · institutions 97.32% · other public 0.73%
2. To appoint a Director in place of Dr Kalyan Sagar Nippani, (DIN - 10421277) Director (HR & EB), who retires by rotation and being eligible, offers himself for re-appointment as a Director and in this regard to consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Section 152 and other applicable provisions, if any, of the Companies Act, 2013, Dr Kalyan Sagar Nippani, (DIN - 10421277) Director (HR & EB), who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment as a Director, be and is hereby appointed as Director of the Company, liable to retire by rotation.”MoreLess
Ordinary99.98% for0.02% againstAgainst: promoters 0.00% · institutions 0.00% · other public 4.98%
Turnout: all 69.59% · promoters 100.00% · institutions 97.32% · other public 0.73%
3.To fix the remuneration of the Statutory Auditors of the Company appointed by the Comptroller & Auditor General of India (C&AG) for auditing the accounts of the Company for the Financial Year 2026 - 27 and in this regard to consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution:“RESOLVED THAT the Board of Directors of the Company be and is hereby authorized to decide and fix the remuneration of the Statutory Auditors of the Company appointed by the Comptroller & Auditor General of India (C&AG) for the Financial Year 2026-27, as may be deemed fit”MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 2.98%
Turnout: all 69.59% · promoters 100.00% · institutions 97.32% · other public 0.74%
4. TO CONSIDER AND APPROVE THE APPOINTMENT OF SHRI SHYAMAL MISRA (DIN: 03073323), ADDITIONAL SECRETARY (TELECOMMUNICATIONS), DEPARTMENT OF TELECOMMUNICATIONS (DoT) AS GOVERNMENT NOMINEE DIRECTOR OF THE COMPANY: In this connection, to consider, and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Section 152, 161 and other applicable provisions, if any of the Companies Act, 2013 (“the Act”) and Companies (Appointment & Qualification of Directors) Rules, 2014 (including any statutory modification(s) or re-enactment thereof for the time being in force), Regulation 17(1C) of SEBI (LODR) Regulations, 2015 as amended from time to time, Shri Shyamal Misra (DIN: 03073323), Additional Secretary (Telecommunications), DoT, who was appointed as an Additional Director to function as a Government Nominee Director by President of India vide Department of Telecommunications (DoT), Ministry of Communications, Government of India Letter No. E-5-2/2021-PSA dated 08.07.2026 w.e.f. 08.07.2026 on the Board of the Company in terms of Section 161(1) of the Act and Article 66(D) of the Articles of Association and who holds office upto the date of the next Annual General Meeting or the last date on which the Annual General Meeting should have been held, whichever is earlier and has consented to act as a Nominee Director of the Company, be and is hereby appointed as Government Nominee Director of the Company.” “RESOLVED FURTHER THAT any Director or Company Secretary be and is hereby authorized to do all acts and take all such steps as may be necessary, proper or expedient to give effect to this resolution, including filing of necessary forms with the Registrar of Companies and other statutory authorities as may be required.”MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 3.64%
Turnout: all 69.59% · promoters 100.00% · institutions 97.32% · other public 0.74%
5. TO CONSIDER AND APPROVE THE APPOINTMENT OF SHRI K BALAJI (DIN: 07586266) JOINT SECRETARY (ADMINISTRATION), DEPARTMENT OF TELECOMMUNICATIONS (DoT) AS GOVERNMENT NOMINEE DIRECTOR OF THE COMPANY: In this connection, to consider, and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Section 152, 161 and other applicable provisions, if any of the Companies Act, 2013 (“the Act”) and Companies (Appointment & Qualification of Directors) Rules, 2014 (including any statutory modification(s) or re-enactment thereof for the time being in force), Regulation 17(1C) of SEBI (LODR) Regulations, 2015 as amended from time to time, Shri K Balaji (DIN: 07586266) Joint Secretary (Administration), DoT, who was appointed as an Additional Director to function as a Government Nominee Director by President of India vide Department of Telecommunications (DoT), Ministry of Communications, Government of India Letter No. E-5-2/2021-PSA dated 08.07.2026 w.e.f. 08.07.2026 on the Board of the Company in terms of Section 161(1) of the Act and Article 66(D) of the Articles of Association and who holds office upto the date of the next Annual General Meeting or the last date on which the Annual General Meeting should have been held, whichever is earlier, and has consented to act as a Nominee Director of the Company, be and is hereby appointed as Government Nominee Director of the Company.” “RESOLVED FURTHER THAT any Director or Company Secretary be and is hereby authorized to do all acts and take all such steps as may be necessary, proper or expedient to give effect to this resolution, including filing of necessary forms with the Registrar of Companies and other statutory authorities as may be required.”MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 2.63%
Turnout: all 69.59% · promoters 100.00% · institutions 97.32% · other public 0.73%
6. TO RATIFY THE REMUNERATION OF COST AUDITORS FOR THE FINANCIAL YEAR 2026-27: In this connection, to consider, and if thought fit, to pass with or without modification(s), the following resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Section 148 and all other applicable provisions of the Companies Act, 2013, the Companies (Audit and Auditors) Rules, 2014, including any statutory modification(s) or re-enactment thereof, for the time being in force, M/s. R.M. Bansal & Co. Cost Auditors appointed by the Board of Directors of the Company based on the recommendation of the Audit Committee, to conduct the Cost Audit of the Company for the Financial Year 2026-27, at a total fees of Rs. 1,12,100/- (Fees Rs. 80,000/- plus Rs. 15,000/- towards out of pocket expenses plus GST @18% on the Gross Amount of Rs. 95,000/-) at the same rates, terms & conditions that of the last year i.e. Financial Year 2025 - 26 be and is hereby ratified and confirmed”. “RESOLVED FURTHER THAT the Board of Directors of the Company be and is hereby authorized to do all acts and take all such steps as may be necessary, proper or expedient to give effect to this Resolution.”MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 2.99%
Turnout: all 69.59% · promoters 100.00% · institutions 97.32% · other public 0.74%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 31 Oct 2025, 10 resolutions
4,02,773 shareholders on the register on 24 Oct 2025; present: 1 promoter and 61 others; votes counted by HEMANT SINGH / HEMANT SINGH & ASSOCIATES.The company's voting result (opens in a new tab)
1. To receive, consider and adopt the Audited Standalone & Consolidated Financial Statements of the Company for the Financial Year ended 31st March 2025, the reports of the Board of Directors and Auditors thereon and in this regard to consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary ResolutionMoreLess
Ordinary99.95% for0.05% againstAgainst: promoters 0.00% · institutions 99.60% · other public 5.25%
Turnout: all 56.30% · promoters 100.00% · institutions 0.21% · other public 0.05%
2. To appoint a director in place of Shri A. Robert J. Ravi (DIN - 10095013) CMD, who retires by rotation and being eligible, offers himself for re-appointment as a Director and in this regard to consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary ResolutionMoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 34.88%
Turnout: all 69.42% · promoters 100.00% · institutions 97.33% · other public 0.05%
3. To fix the remuneration of the Statutory Auditors of the Company appointed by the Comptroller & Auditor General of India (C&AG) for auditing the accounts of the Company for the Financial Year 2025-26 and in this regard to consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary ResolutionMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 8.70%
Turnout: all 69.42% · promoters 100.00% · institutions 97.33% · other public 0.05%
- 4. TO CONSIDER AND APPROVE THE APPOINTMENT OF SHRI ALOK SHUKLA (DIN: 10849459) Sr. DDG (PERS), DEPARTMENT OF TELECOMMUNICATIONS (DoT) AS GOVERNMENT NOMINEE DIRECTOR OF THE COMPANYOrdinary99.95% for0.05% against
Against: promoters 0.00% · institutions 0.22% · other public 34.19%
Turnout: all 69.42% · promoters 100.00% · institutions 97.33% · other public 0.05%
- 5. TO CONSIDER AND APPROVE THE RE-APPOINTMENT OF SHRI VISHWAS PATHAK (DIN: 00093771) AS AN INDEPENDENT DIRECTOR OF THE COMPANYSpecial99.96% for0.04% against
Against: promoters 0.00% · institutions 0.22% · other public 8.80%
Turnout: all 69.42% · promoters 100.00% · institutions 97.33% · other public 0.05%
- 6. TO CONSIDER AND APPROVE THE RE-APPOINTMENT OF Ms. DEEPIKA MAHAJAN (DIN: 09408802) AS AN INDEPENDENT DIRECTOR OF THE COMPANYSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 36.04%
Turnout: all 69.42% · promoters 100.00% · institutions 97.33% · other public 0.05%
- TO CONSIDER AND APPROVE THE APPOINTMENT OF SHRI SUDHAKARARAO PAPA (DIN: 10801670) DIRECTOR (ENTERPRISE), BSNL AS DIRECTOR (TECHNICAL) OF THE COMPANYOrdinary99.95% for0.05% against
Against: promoters 0.00% · institutions 0.22% · other public 34.24%
Turnout: all 69.42% · promoters 100.00% · institutions 97.33% · other public 0.05%
- TO CONSIDER AND APPROVE THE MODIFICATION IN THE RESOLUTION PASSED AT THE 36TH ANNUAL GENERAL MEETING WHILE RE-AFFIRMING THE BORROWING POWERS OF MTNL BOARD OF Rs 35000 CRORESpecial99.96% for0.04% against
Against: promoters 0.00% · institutions 0.21% · other public 8.06%
Turnout: all 69.42% · promoters 100.00% · institutions 97.33% · other public 0.05%
TO CONSIDER AND APPROVE THE APPOINTMENT OF M/s R.P. SEHGAL & ASSOCIATES, PRACTICING COMPANY SECRETARIES AS SECRETARIAL AUDITOR OF THE COMPANY COMMENCING FROM FINANCIAL YEAR 2025-26 TILL FINANCIAL YEAR 2029-30MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 10.29%
Turnout: all 69.42% · promoters 100.00% · institutions 97.33% · other public 0.05%
- TO RATIFY THE REMUNERATION OF COST AUDITORS FOR THE FINANCIAL YEAR 2025-26Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 33.74%
Turnout: all 69.42% · promoters 100.00% · institutions 97.33% · other public 0.05%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2024, 8 resolutions
Present: 1 promoter and 46 others.The company's voting result (opens in a new tab)
1. To receive, consider and adopt the Audited Standalone & Consolidated Financial Statements of the Company for the Financial Year ended 31st March 2024, the reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary99.95% for0.05% againstAgainst: promoters 0.00% · institutions 99.94% · other public 1.05%
Turnout: all 56.50% · promoters 100.00% · institutions 0.21% · other public 0.72%
- 2. To appoint a director in place of Shri Rajiv Kumar (DIN- 09811051) Director (Finance) who retires by rotation and being eligible, seeks to reappointment as a DirectorOrdinary99.95% for0.05% against
Against: promoters 0.00% · institutions 0.22% · other public 1.41%
Turnout: all 69.62% · promoters 100.00% · institutions 97.19% · other public 0.72%
- 3. To fix the remuneration of the Statutory Auditors of the Company appointed by the Comptroller & Auditor General of India for auditing the accounts of the Company for the Financial Year 2024-25Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.28%
Turnout: all 69.62% · promoters 100.00% · institutions 97.19% · other public 0.72%
- 4. Appointment of Shri Sandeep Govil (DIN- 10040742), Director (CM), BSNL as Director (HR & EB) of the CompanyOrdinary99.95% for0.05% against
Against: promoters 0.00% · institutions 0.22% · other public 1.87%
Turnout: all 69.62% · promoters 100.00% · institutions 97.19% · other public 0.72%
- 5. Appointment of Shri Niraj Verma, (DIN- 00520742), Administrator (USOF), DoT as Government Nominee Director of the CompanyOrdinary99.95% for0.05% against
Against: promoters 0.00% · institutions 0.22% · other public 1.36%
Turnout: all 69.62% · promoters 100.00% · institutions 97.19% · other public 0.72%
- 6. Appointment of Shri A. Robert J. Ravi (DIN- 10095013), DDG (SRI), DOT as CMD of the CompanyOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 1.90%
Turnout: all 69.62% · promoters 100.00% · institutions 97.19% · other public 0.72%
- 7. Appointment of Dr Kalyan Sagar Nippani (DIN- 10421277), Director (HR), BSNL as Director (Technical) of the CompanyOrdinary99.95% for0.05% against
Against: promoters 0.00% · institutions 0.22% · other public 1.60%
Turnout: all 69.62% · promoters 100.00% · institutions 97.19% · other public 0.72%
- 8. To Approve the Remuneration Payable to the Cost AuditorsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.24%
Turnout: all 69.62% · promoters 100.00% · institutions 97.19% · other public 0.72%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 29 Sep 2023, 6 resolutions
Present: 1 promoter and 38 others.The company's voting result (opens in a new tab)
1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended 31st March 2023, the reports of the Auditors and the Board of Directors thereon together with the Comments of the Comptroller & Auditor General of India (C & AG) thereonMoreLess
Ordinary99.76% for0.24% againstAgainst: promoters 0.00% · institutions 99.82% · other public 3.70%
Turnout: all 56.47% · promoters 100.00% · institutions 0.86% · other public 0.30%
2. To appoint a director in place of Shri P.K.Purwar (DIN- 06619060) who retires by rotation and being eligible, offers himself for reappointment. In this connection to consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution:MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 5.19%
Turnout: all 69.59% · promoters 100.00% · institutions 87.55% · other public 0.30%
3. To appoint a director in place of Shri V.Ramesh (DIN- 08771524) who retires by rotation and being eligible, offers himself for reappointment. In this connection to consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary ResolutionMoreLess
Ordinary99.80% for0.20% againstAgainst: promoters 0.00% · institutions 0.98% · other public 8.80%
Turnout: all 69.59% · promoters 100.00% · institutions 87.55% · other public 0.30%
4. To fix the remuneration of the Statutory Auditors of the Company appointed by the Comptroller & Auditor General of India for auditing the accounts of the Company for the Financial Year 2023-24. In this connection to pass with or without modification(s) the following resolution, as an Ordinary ResolutionMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 3.87%
Turnout: all 69.59% · promoters 100.00% · institutions 87.55% · other public 0.30%
- TO APPROVE THE ISSUE OF NON-CONVERTIBLE DEBENTURES ON PRIVATE PLACEMENT BASISSpecial99.81% for0.19% against
Against: promoters 0.00% · institutions 0.98% · other public 4.39%
Turnout: all 69.59% · promoters 100.00% · institutions 87.55% · other public 0.30%
- TO APPROVE THE REMUNERATION PAYABLE TO THE COST AUDITORSOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 5.12%
Turnout: all 69.59% · promoters 100.00% · institutions 87.55% · other public 0.30%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 19 Feb 2023, 3 resolutions
The company's voting result (opens in a new tab)
- 1. APPOINTMENT OF SHRI SUNIL KUMAR VERMA, (DIN: 09800644), JOINT SECRETARY (A),DoT AS GOVERNMENT NOMINEE DIRECTOR OF THE COMPANYOrdinary99.82% for0.18% against
Against: promoters 0.00% · institutions 0.90% · other public 12.42%
Turnout: all 69.54% · promoters 100.00% · institutions 87.51% · other public 0.17%
- 2. APPOINTMENT OF SHRI RAJIV KUMAR (DIN-09811051), DIRECTOR FINANCE, BSNL AS DIRECTOR (FINANCE) OF THE COMPANYOrdinary99.82% for0.18% against
Against: promoters 0.00% · institutions 0.90% · other public 12.10%
Turnout: all 69.54% · promoters 100.00% · institutions 87.51% · other public 0.17%
- 3. APPOINTMENT OF SHRI SHIVENDU GUPTA, (DIN: 09850201), DDG(WPF),DoT AS GOVERNMENT NOMINEE DIRECTOR OF THE COMPANYOrdinary99.82% for0.18% against
Against: promoters 0.00% · institutions 0.90% · other public 12.71%
Turnout: all 69.54% · promoters 100.00% · institutions 87.51% · other public 0.17%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 10 Oct 2022, 8 resolutions
Present: 1 promoter and 37 others.The company's voting result (opens in a new tab)
1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended 31st March 2022, the reports of the Auditors and the Board of Directors thereon together with the Comments of the Comptroller & Auditor General of India (C & AG) thereon.MoreLess
Ordinary80.98% for19.02% againstAgainst: promoters 0.00% · institutions 100.00% · other public 2.65%
Turnout: all 69.52% · promoters 100.00% · institutions 86.68% · other public 0.17%
2. To appoint a director in place of Smt. Yojana Das (DIN- 08987456), who retires by rotation and being eligible, offers herself for reappointment. In this connection to consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution:MoreLess
Ordinary99.85% for0.15% againstAgainst: promoters 0.00% · institutions 0.79% · other public 5.13%
Turnout: all 69.52% · promoters 100.00% · institutions 86.68% · other public 0.17%
3. To appoint a director in place of Shri Arvind Vadnerkar (DIN- 08597016), who retires by rotation and being eligible, offers himself for reappointment. In this connection to consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary ResolutionMoreLess
Ordinary99.85% for0.15% againstAgainst: promoters 0.00% · institutions 0.79% · other public 5.42%
Turnout: all 69.52% · promoters 100.00% · institutions 86.68% · other public 0.17%
4. To fix the remuneration of the Statutory Auditors of the Company appointed by the Comptroller & Auditor General of India for auditing the accounts of the Company for the Financial Year 2022-23. In this connection to pass with or without modification(s) the following resolution, as an Ordinary ResolutionMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 3.47%
Turnout: all 69.52% · promoters 100.00% · institutions 86.68% · other public 0.17%
- TO RAISE THE BORROWING POWERS OF THE BOARD FROM Rs. 30000 CRORE TO Rs. 35000 CRORESpecial99.85% for0.15% against
Against: promoters 0.00% · institutions 0.79% · other public 6.56%
Turnout: all 69.52% · promoters 100.00% · institutions 86.68% · other public 0.17%
- TO APPROVE THE ISSUE OF NON-CONVERTIBLE DEBENTURES ON PRIVATE PLACEMENT BASISSpecial99.85% for0.15% against
Against: promoters 0.00% · institutions 0.79% · other public 5.57%
Turnout: all 69.52% · promoters 100.00% · institutions 86.68% · other public 0.17%
- TO APPROVE ALTERATION IN THE ARTICLE 69(II)(F) AND INSERTION IN PARA NO. 24 OF ARTICLE 72 OF THE ARTICLES OF ASSOCIATION OF MTNLSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 4.88%
Turnout: all 69.52% · promoters 100.00% · institutions 86.68% · other public 0.17%
- TO APPROVE THE REMUNERATION PAYABLE TO THE COST AUDITORSOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 3.34%
Turnout: all 69.52% · promoters 100.00% · institutions 86.68% · other public 0.17%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 27 Aug 2022, 1 resolution
The company's voting result (opens in a new tab)
- APPOINTMENT OF Ms. YASHASHRI SHUKLA, (DIN:09526509), JT. ADMIN./USOF, DoT AS GOVERNMENT NOMINEE DIRECTOR OF THE COMPANYOrdinary99.84% for0.16% against
Against: promoters 0.00% · institutions 6.25% · other public 0.77%
Turnout: all 69.57% · promoters 100.00% · institutions 0.61% · other public 46.37%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 25 Jun 2022, 3 resolutions
The company's voting result (opens in a new tab)
- APPOINTMENT OF SHRI V. RAMESH (DIN: 08771524), AS DIRECTOR (TECHNICAL) OF THE COMPANYOrdinary99.85% for0.15% against
Against: promoters 0.00% · institutions 1.37% · other public 0.81%
Turnout: all 69.07% · promoters 100.00% · institutions 1.99% · other public 43.92%
- APPOINTMENT OF SHRI PIYUSH RANJAN NISHAD (DIN: 09579746), AS NON-OFFICIAL INDEPENDENT DIRECTOR ON THE BOARD OF MTNLSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 1.46% · other public 0.00%
Turnout: all 69.07% · promoters 100.00% · institutions 1.99% · other public 43.92%
- APPOINTMENT OF SHRI PREMJIT LAL, (DIN: 07049152), DDG(PM), DoT AS GOVERNMENT NOMINEE DIRECTOR OF THE COMPANYOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 1.36% · other public 0.00%
Turnout: all 68.97% · promoters 100.00% · institutions 1.99% · other public 43.56%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 31 Oct 2025, 1 fund house
1. To receive, consider and adopt the Audited Standalone & Consolidated Financial Statements of the Company for the Financial Year ended 31st March 2025, the reports of the Board of Directors and Auditors thereon and in this regard to consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary ResolutionMoreLess
1 for0 against2. To appoint a director in place of Shri A. Robert J. Ravi (DIN - 10095013) CMD, who retires by rotation and being eligible, offers himself for re-appointment as a Director and in this regard to consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary ResolutionMoreLess
1 for0 against3. To fix the remuneration of the Statutory Auditors of the Company appointed by the Comptroller & Auditor General of India (C&AG) for auditing the accounts of the Company for the Financial Year 2025-26 and in this regard to consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary ResolutionMoreLess
1 for0 against- 4. TO CONSIDER AND APPROVE THE APPOINTMENT OF SHRI ALOK SHUKLA (DIN: 10849459) Sr. DDG (PERS), DEPARTMENT OF TELECOMMUNICATIONS (DoT) AS GOVERNMENT NOMINEE DIRECTOR OF THE COMPANY1 for0 against
- 5. TO CONSIDER AND APPROVE THE RE-APPOINTMENT OF SHRI VISHWAS PATHAK (DIN: 00093771) AS AN INDEPENDENT DIRECTOR OF THE COMPANY1 for0 against
- 6. TO CONSIDER AND APPROVE THE RE-APPOINTMENT OF Ms. DEEPIKA MAHAJAN (DIN: 09408802) AS AN INDEPENDENT DIRECTOR OF THE COMPANY1 for0 against
- TO CONSIDER AND APPROVE THE APPOINTMENT OF SHRI SUDHAKARARAO PAPA (DIN: 10801670) DIRECTOR (ENTERPRISE), BSNL AS DIRECTOR (TECHNICAL) OF THE COMPANY1 for0 against
- TO CONSIDER AND APPROVE THE MODIFICATION IN THE RESOLUTION PASSED AT THE 36TH ANNUAL GENERAL MEETING WHILE RE-AFFIRMING THE BORROWING POWERS OF MTNL BOARD OF Rs 35000 CRORE1 for0 against
TO CONSIDER AND APPROVE THE APPOINTMENT OF M/s R.P. SEHGAL & ASSOCIATES, PRACTICING COMPANY SECRETARIES AS SECRETARIAL AUDITOR OF THE COMPANY COMMENCING FROM FINANCIAL YEAR 2025-26 TILL FINANCIAL YEAR 2029-30MoreLess
1 for0 against- TO RATIFY THE REMUNERATION OF COST AUDITORS FOR THE FINANCIAL YEAR 2025-261 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Fines and tax disputes
Reported in the filing for the quarter to Sep 2026.
- Fine or penaltyTelecom Regulatory Authority of India (TRAI)Since 4 Aug 2026
Financial Disincentive of Rs.12,00,000/-
Failure for contravention of the provisions of Regulation 4 and Regulation 10 of the Standards of Quality of Service of Access (Wireline and Wireless) and Broadband (Wireline and Wireless) Service Regulations, 2024 (06 of 2024) by M/s. Mahanagar Telephone Nigam Limited for Access Service (Wireline) for the quarter ending December 2025MoreLess
- Fine or penaltyTelecom Regulatory Authority of India (TRAI)Since 17 Aug 2026
Financial Disincentive of Rs.12,00,000/-
Failure for contravention of the provisions of Regulation 4 and Regulation 10 of the Standards of Quality of Service of Access (Wireline and Wireless) and Broadband (Wireline and Wireless) Service Regulations, 2024 (06 of 2024) by M/s. Mahanagar Telephone Nigam Limited for Access Service (Wireline) for the quarter ending March 2026MoreLess
- Fine or penaltyBSESince 25 Aug 2026
FINES
Non-Compliance with the provisions of Regulation 17(1), 17(2A), 18(1), 19(1)/19(2), 20(2)/(2A) and 21(2) of SEBI (LODR) Regulations, 2015. - Fine or penaltyNSESince 25 Aug 2026
FINES
Non-Compliance with the provisions of Regulation 17(1), 17(2A), 18(1), 19(1)/19(2), 20(2)/(2A) and 21(2) of SEBI (LODR) Regulations, 2015. - Fine or penaltyTelecom Regulatory Authority of India (TRAI)Since 14 Sep 2026
Financial Disincentive of Rs. 11,00,000/-
Contravention of the provisions of Regulation 9 and Regulation 10 of the Standards of Quality of Service of Access (Wireline and Wireless) and Broadband (Wireline and Wireless) Service Regulations, 2024 (06 of 2024) by M/s. Mahanagar Telephone Nigam Limited for Broadband (Wireline) Service for the quarter ending September 2025.MoreLess
- Fine or penaltyTelecom Regulatory Authority of India (TRAI)Since 14 Sep 2026
Financial Disincentive of Rs.5,70,000/-
Contravention of the provisions of regulation 13 of the Standards of Quality of Service of Access (Wireline and Wireless) and Broadband (Wireline and Wireless) Service Regulations, 2024 (06 of 2024) by M/s. Mahanagar Telephone Nigam Limited for Access Service (Wireless) for the month of September 2025.MoreLess
- Fine or penaltyTelecom Regulatory Authority of India (TRAI)Since 21 Sep 2026
Financial Disincentive of Rs. 14,00,000/-
Contravention of the provisions of regulation 9 and regulation 10 of the Standards of Quality of Service of Access (Wireline and Wireless) and Broadband (Wireline and Wireless) Service Regulations, 2024 (06 of 2024) by M/s. Mahanagar Telephone Nigam Limited for Broadband (Wireline) Service for the quarter ending December 2025.MoreLess
- Fine or penaltyTelecom Regulatory Authority of India (TRAI)Since 24 Sep 2026
Financial Disincentive of Rs. 15,00,000/-
Contravention of the provisions of regulation 9 and regulation 10 of the Standards of Quality of Service of Access (Wireline and Wireless) and Broadband (Wireline and Wireless) Service Regulations, 2024 (06 of 2024) by M/s. Mahanagar Telephone Nigam Limited for Broadband (Wireline) Service for the quarter ending March 2026.MoreLess
23 more
- Fine or penaltyTerm Cell, DOTSince 2 Jul 2026
CAF Audit
Penalty on Non-compliant CAF for the month of April,2026 - Fine or penaltyTerm Cell, DOTSince 1 Aug 2026
CAF Audit
Penalty on Non-compliant CAF for the month of May,2026 - Tax disputeCollector of Stamp /SDM-II, New DelhiSince 19 Jan 2015WP (C) No.7298 of 2025 filed. Notice issued to CCRA. The NDOH is 15.02.2027.
At the filing before: Vide order dated 19.01.2015 Collector of Stamps directed MTNL to pay Rs.50,01,710/-towards stamp duty for bonds issued in three series against MoF sovereign Guarantee towards the refund of BWA spectrum charges. MTNL submitted the said amount under protest and filed revision application before CCRA which is disposed of vide order dated 17.06.2024 whereby it has uphold the COS order dated 19.01.2015 MTNL has challenged the Order dated 17.06.2024 passed by the Reviewing Authority before the Hon'ble HC of Delhi.MoreLess
- Tax disputeIncome Tax DepartmentSince 15 Jan 2001Presently the appeal is pending before Hon’ble High Court DelhiAt the filing before: A.Y.1998-99 Presently the appeal is pending before Hon’ble High Court Delhi
- Tax disputeIncome Tax DepartmentSince 20 Feb 2002Presently the appeal is pending before Hon’ble High Court DelhiAt the filing before: A.Y.1999-2000 Presently the appeal is pending before Hon’ble High Court Delhi
- Tax disputeIncome Tax DepartmentSince 20 Feb 2002Presently the appeal is pending before Hon’ble High Court DelhiAt the filing before: A.Y.2000-01 Presently the appeal is pending before Hon’ble High Court Delhi
- Tax disputeIncome Tax DepartmentSince 31 Jan 2003Presently the appeal is pending before Hon’ble High Court DelhiAt the filing before: A.Y.2001-02 Presently the appeal is pending before Hon’ble High Court Delhi
- Tax disputeIncome Tax DepartmentSince 31 Oct 2003Presently the appeal is pending before Hon’ble High Court DelhiAt the filing before: A.Y.2002-03 Presently the appeal is pending before Hon’ble High Court Delhi
- Tax disputeIncome Tax DepartmentSince 21 Feb 2005Presently the appeal is pending before Hon’ble High Court DelhiAt the filing before: A.Y.2004-05 Presently the appeal is pending before Hon’ble High Court Delhi
- Tax disputeIncome Tax DepartmentSince 8 Mar 2006Presently the appeal is pending before Hon’ble High Court DelhiAt the filing before: A.Y.2005-06 Presently the appeal is pending before Hon’ble High Court Delhi
- Tax disputeIncome Tax DepartmentSince 30 Dec 2009Presently the appeal is pending before Hon’ble High Court DelhiAt the filing before: A.Y.2006-07 Presently the appeal is pending before Hon’ble High Court Delhi
- Tax disputeIncome Tax DepartmentSince 30 Dec 2009Presently the appeal is pending before Commissioner of Income Tax (Appeals)At the filing before: A.Y.2006-07 Presently the appeal is pending before Commissioner of Income Tax (Appeals)
- Tax disputeGoods and Service departmentSince 25 Sep 2023Appeal is filed Before the Special Commissioner of State on 28.03.2024. Case is assigned to E&Y
At the filing before: A.Y. 2017-18 DRC-01 issued through Ref. No. ZD070923044220P dated 25-09-2023 for FY 2017-18. Despite filling proper reply department has issued DRC-07 DRC-07 issued through Ref. No. ZD0712231788239 dated 31.12.2023MoreLess
- Tax disputeGoods and Service departmentSince 2 Dec 2023Appeal is filed Before the Special Commissioner of State on 25.07.2024. Case is assigned to E&Y
At the filing before: A.Y. 2018-19 DRC-01 issued through Ref. No. ZD0712230060608 dated 02-12-2023 for FY 2018-19. Despite filling proper reply department has issued DRC-07 DRC-07 issued through Ref. No. ZD0704240619761 dated 27-04-2024MoreLess
- Tax disputeGoods and Service departmentSince 31 Jan 2024Appeal is filed Before the Special Commissioner of State on 25.07.2024. Case is assigned to E&Y
At the filing before: A.Y. 2018-19 DRC-01 issued through Ref. No. D070124071385I dated 31-01-2024 for FY 2018-19. Despite filling proper reply department has issued DRC-07 DRC-07 issued through Ref. No. ZD070424061585A dated 27-04-2024MoreLess
- Tax disputeGoods and Service departmentSince 16 May 2024Appeal is filed Before the Special Commissioner of State on 30.11.2024. Case is assigned to E&Y
At the filing before: A.Y. 2019-20 DRC-01 issued through Ref. No. ZD0705240088782 dated 16-05-2024 for FY 2019-20. Despite filling proper reply department has issued DRC-07 DRC-07 issued through Ref. No. ZD070824112611N dated 31-08-2024MoreLess
- Tax disputeGoods and Service departmentSince 19 Nov 2024Appeal to be filed Before the Special Commissioner of State on 23.05.2025. Case is assigned to E&Y
At the filing before: A.Y. 2020-21 DRC-01 issued through Ref. No. ZD0711240152801 dated 19-11-2024 for 92.41 crore. After filling reply of DRC-01 the demand is reduced 62.83 lakhs DRC-07 issued through Ref. No. ZD0702250594569 dated 24-02-2024MoreLess
- Tax disputeGoods and Service departmentSince 17 Jul 2025Appeal to be filed Before the Special Commissioner of State on 20.03.2026. Case is assigned to E&Y
At the filing before: A.Y. 2021-22 DRC-01 issued through Ref. No. ZD0707250286918 dated 17-07-2025 for 29.26 crore. After filling reply of DRC-01 the demand is reduced 22.11 lakhs DRC-07 issued through Ref. No. ZD0712250538574 dated 22-12-2025.MoreLess
- Tax disputeGoods and Service departmentSince 5 Aug 2026Reply of DRC-01 is filed on 29-08-2026At the filing before: A.Y. 2022-23 DRC-01 issued through Ref. No. ZD0708260082883 dated 05-08-2026 for 10.07crore. Reply of DRC-01 is filed on 29-08-2026
- Tax disputeGoods and Service departmentSince 28 Jan 2026Reply of DRC-01 is filed on 05-03-2026At the filing before: A.Y. 2023-24 DRC-01 issued through Ref. No. ZD070126037923E dated 28-01-2026 for 88.99 Crore. Reply of DRC-01 is filed on 05-03-2026
- Tax disputeService Tax DepartmentSince 18 Dec 2020MTNL has filed an appeal against the order of assessing officer.At the filing before: Demand-cum-Show Cause Notice No. 86/2020-21 dated 18-12-2020. After various hearings, department has passed order against MTNL on 24.09.2024
- Tax disputeService Tax DepartmentSince 28 Feb 2017Case is pending in Court The Commissioner of Central Excise and Service Tax LTU Unit NBCC Plaza Pushp Vihar Saket New Delhi.
At the filing before: Demand of S.Tax Notice No. LTU/ST/Adjn/MTML-Mumbai/659/2011 dated 28-02-2017. Reply has been filled on Nov-2023 in the Hon'ble Court of Commissioner of Central Excise and Service Tax LTU Unit NBCC Plaza Pushp Vihar Saket New Delhi.MoreLess
- Tax disputeService Tax DepartmentSince 1 Apr 2011The case is pending with the Customs Excise and Service Tax Appellate Tribunal New Delhi principal bench Court no. IIIAt the filing before: Order No.25 Demand Of interest In compliance with the Stay order no So/ST/894/2011-CU[DB]/ Stay application No.1214 of 2011 action taken vide appeal no 620 of 2011
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- No
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.