MTNL flags shortfall in funding for Series V bond interest

Credit & Debt View source PDF Explain this filing

MTNL · price

Loading chart…

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

Price reactionminutes from the announcement price · days from the prior close

+1.0%Reaction day

₹43.11

prior close

₹43.33

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-0.3% vs market

Telecom - Cellular & Fixed line services peers, median of 7sector+1.5%-0.5% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.5 pts less than its Telecom - Cellular & Fixed line services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

-0.1

15m

+0.0

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.0+1.3-0.3+1.5-0.5

Next day

-0.1+1.0-1.2+0.9-1.0

+0.4+0.8-0.4+4.7-4.3

-0.6+0.5-1.1+4.3-5.0

-0.9+0.7-1.6+3.8-4.8

-0.2+1.4-1.6+4.9-5.1

-1.9-0.3-1.6+1.2-3.1

15d

-1.4+2.4-3.8+12.0-13.4

-1.3+3.6-4.9+11.1-12.4

-12.8-1.6-11.2+5.7-18.5

-15.1-1.5-13.6+12.1-27.2

UpDownMarket · Nifty Microcap 250Sector · Telecom - Cellular & Fixed line services peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

MTNL could not deposit sufficient funds into a Bank of India escrow account for the 10th semiannual interest on its 7.05% Series V bonds, due October 12, 2025, because of insufficient funds. The bonds carry a Government of India sovereign guarantee, under which the government must make payment if MTNL fails to pay.

Likely market impact

The missed funding raises liquidity and credit concerns for MTNL, though the Government of India guarantee supports bondholder payments.