MTNLNSEMahanagar Telephone Nigam Limited· Telecommunication - ServicesMediumNeutral
Announced Wed, 15 Apr · 11:20 IST

Mahanagar Telephone Nigam Limited has informed the Exchange regarding Change in Director(s) of the company.

Multiple Ind Directors ResignedManagement 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
+7.4%1-day move
₹30.90
prior close
₹32.16
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1-0.0-0.5-0.1+7.4+7.6+4.4+3.9+4.1-1.1+5.5-5.2+0.3-7.9
Up moveDown movePending
AI summary

MTNL has informed the stock exchanges that two Non-Official Independent Directors — Shri Vishwas Pathak (DIN: 00093771) and Ms. Deepika Mahajan (DIN: 09408802) — have ceased to be Independent Directors of the company with effect from April 15, 2026, upon completion of their one-year re-appointment tenure. Both were re-appointed by the Department of Telecommunications, Ministry of Communications, Government of India, for a one-year term starting April 15, 2025. The disclosure has been made under SEBI LODR Regulations and an Annexure with details has been furnished. As a Government of India enterprise, any new appointments to these vacant independent director positions will also flow from the Ministry.

Likely market impact

This is a routine, government-driven change and not a governance red flag — the directors simply completed their fixed one-year term. Shareholders may want to track when the Ministry of Communications appoints replacements, as the board's independent oversight capacity is currently reduced.