Meeting Details
The 40th AGM was held on Wednesday, September 30, 2026, commencing at 11:34 AM and concluding at 12:22 PM IST. The meeting was conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM).
Attendance and Quorum
Total 65 members attended the meeting, including the Authorised Representative of the President of India. The requisite quorum was present. The meeting was chaired by Shri A. Robert J. Ravi, Chairman and Managing Director (CMD).
Business Conducted
Ordinary Business
1. To receive, consider and adopt the Audited Standalone & Consolidated Financial Statements for the financial year ended March 31, 2026, along with reports of Board of Directors and Auditors (Ordinary Resolution)
2. To appoint a director in place of Dr. Kalyan Sagar Nippani (DIN 10421277), Director (HR & EB), who retires by rotation and offers himself for re-appointment (Ordinary Resolution)
3. To fix the remuneration of the Statutory Auditors appointed by the Comptroller & Auditor General of India for auditing accounts for FY 2026-27 (Ordinary Resolution)
Special Business
4. To consider and approve appointment of Shri Shyamal Misra (DIN: 03073323), Additional Secretary (Telecommunications), Department of Telecommunications as Government Nominee Director (Ordinary Resolution)
5. To consider and approve appointment of Shri K Balaji (DIN: 07586266), Joint Secretary (Administration), Department of Telecommunications as Government Nominee Director (Ordinary Resolution)
6. To ratify the remuneration of Cost Auditors for FY 2026-27 (Ordinary Resolution)
Voting Process
Remote E-Voting facility was made available to all members from Sunday, September 27, 2026 (09:00 AM) to Tuesday, September 29, 2026 (05:00 PM). E-voting was also provided during the AGM for members who did not cast votes through remote e-voting. The company appointed Shri Hemant Kumar Singh, Partner of M/s Hemant Singh & Associates, Practicing Company Secretaries, Delhi (C.P. No. 6370 and FCS-6033) as Scrutinizer to oversee the e-voting process.
Voting Results Timeline
The voting results along with the Scrutinizer's Report were scheduled to be announced within two working days from conclusion of the meeting (by October 5, 2026) to the stock exchanges and hosted on the company website (www.mtnl.in), NSE, BSE and CDSL.
Chairman's Address
The Chairman delivered a speech covering:
- MTNL Revival Plan
- Service Agreement between MTNL & BSNL
- Resolution Plan for Bank Loans
- Asset Monetization Plan
- Financial Performance of MTNL
- Performance Review of Subsidiary and Joint Venture Companies
Shareholder Engagement
Registered speakers were allowed to put questions to the Chairman, who replied to shareholder queries. E-voting facility remained open for 15 minutes after conclusion of the meeting.
Compliance and Signatories
The document confirms compliance with Companies Act, 2013 and SEBI (LODR) Regulations, 2015. The proceedings were signed by Ratan Mani Sumit, Company Secretary of MTNL.