SUB: COMPLIANCE OF REGULATION 30 OF SEBI (LODR) REGULATIONS, 2015- DISCLOSURE OF EVENTS OR INFORMATION EXTENSION OF ADDITIONAL CHARGE OF THE POST OF DIRECTOR (HR & EB), MTNL ASSIGNED TO Dr KALYAN SAGAR NIPPANI, DIRECTOR (HR) BSNL
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MTNL has informed the stock exchanges that the Department of Telecommunications has extended the additional charge of the Director (HR & EB) post at MTNL to Dr. Kalyan Sagar Nippani, the current Director (HR) at BSNL. The extension runs for three months from January 1, 2026 to March 31, 2026, or until further orders, subject to approval from the Appointments Committee of the Cabinet. This is an interim arrangement because the Director (HR & EB) position at MTNL remains vacant, and Dr. Nippani will not receive any extra remuneration for holding the additional charge. The original order assigning him this charge was dated September 30, 2025.
This is a routine administrative disclosure with no material impact on shareholders or the stock price. However, it does highlight that MTNL, a government PSU, continues to operate without a permanent Director (HR & EB), pointing to persistent top-level governance gaps.