Mahanagar Telephone Nigam Limited has informed the Exchange regarding Change in Director(s) of the company.
MTNL · price
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Awaiting price reaction for this filing.
MTNL has informed the stock exchanges that Shri Sudhakararao Papa, currently Director (Enterprise) at BSNL, has been appointed as Director (Technical) of MTNL on additional charge basis. He replaces Dr. Kalyan Sagar Nippani, who previously held this post as additional charge along with his role as Director (HR) at BSNL. The appointment has been approved by the Appointments Committee of the Cabinet (ACC) and is for a period of one year or until further orders, whichever is earlier. No additional remuneration will be paid to Shri Papa for holding this additional charge, and a detailed brief profile will be shared later.
This is a routine government administrative change at the PSU and is unlikely to have a material impact on the stock price. It reflects normal board-level transitions in central public sector enterprises and does not signal any strategic shift or governance concern for retail shareholders.