COMPLIANCE OF REGULATION 30 & 51 OF SEBI (LODR) REGULATIONS, 2015 - DISCLOSURE OF EVENTS OR INFORMATION EXTENSION OF ADDITIONAL CHARGE OF THE POST OF CMD OF MAHANAGAR TELEPHONE NIGAM LIMITED (MTNL) ASSIGNED TO SHRI A. ROBERT J. RAVI, CMD OF BSNL
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Appointments Committee of the Cabinet (ACC) has approved a 6-month extension of additional charge of CMD at MTNL to Shri A. Robert J. Ravi, who is also the CMD of BSNL and BBNL. The extension is effective from 15.04.2026 until the regular incumbent takes charge or until further orders, whichever is earliest. Shri Ravi, who is a DDG at DoT, will not receive any additional remuneration for holding multiple CMD positions. This is a continuation of previous extensions dating back to July 2024, indicating ongoing delays in appointing a regular CMD for MTNL.
No material impact on shareholders as this is a routine administrative extension. The arrangement maintains status quo with no additional costs to the company.