MTNLNSEMahanagar Telephone Nigam Limited· Telecommunication - ServicesMediumNeutral
Announced Tue, 12 May · 14:35 IST

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

Management Changes View source PDF

MTNL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-2.2%1-day move
₹29.80
prior close
₹28.80
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.0+0.0-0.6-2.2-0.3-1.7-2.9-2.2-3.4+2.0+3.4-1.6
Up moveDown movePending
AI summary

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.

Likely market impact

No material impact on shareholders as this is a routine administrative extension. The arrangement maintains status quo with no additional costs to the company.