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Adverse Business Impact

Mahanagar Telephone Nigam Adverse Business Impact

MTNL informed exchanges that due to insufficient funds, it could not fund the escrow account for a 7.80% bond interest payment due on May 7, 2026. The bonds carry a Sovereign Guarantee from the Government of India, which may be invoked by the Debenture Trustee in case of continued default.

Source

BSE filing, NSE: MTNL. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Mahanagar Telephone Nigam Ltd: key numbers

Share price
₹22.66
Market cap
₹1,428 Cr
Revenue (annual)
₹956.4 Cr
Net profit (annual)
₹-3,107 Cr
P/E (TTM)
-0.5×Sector 36.4×
Promoter holding
56.25%+0.00% QoQ
FII holding
0.01%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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