Mahanagar Telephone Nigam Limited (MTNL) has made a disclosure to the BSE and NSE in compliance with Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The disclosure concerns changes to the composition of its Board of Directors, specifically regarding Government Nominee Directors.

Cessation of Directors

  • Shri Sunil Kumar Ranjan, holding the position of Deputy Director General (Communications and Accounts) at the Department of Telecommunications (DoT), has ceased to be a Government Nominee Director on the Board of MTNL.
  • Shri Alok Shukla, holding the position of Advisor at the DoT, has also ceased to be a Government Nominee Director on the Board of MTNL.
  • The cessation of both directors is effective from July 8, 2026.
  • This action is a consequence of the withdrawal of their nominations by the Department of Telecommunications, Ministry of Communications, Government of India, via letter number E-5-2/2021-PSA dated July 8, 2026.

Appointment of Directors

  • Shri Shyamal Misra, holding the position of Additional Secretary (Telecommunications) at the DoT, has been appointed as a Government Nominee Director on the Board of MTNL.
  • Shri K Balaji, holding the position of Joint Secretary (Administration) at the DoT, has been appointed as a Government Nominee Director on the Board of MTNL.
  • Both appointments are ex-officio, meaning they are by virtue of their government positions.
  • The appointments are effective immediately from the date of the disclosure (July 8, 2026) and will remain in effect "until further orders."

Supporting Government Orders

The disclosure includes copies of the two orders from the Department of Telecommunications that formalized these changes.

Order 1 (For Shri Shyamal Misra):

  • Dated July 8, 2026 (Letter No. E-5-2/2021-PSA).
  • It supersedes the department's previous letter of the same number dated January 13, 2026.
  • The appointment is made in exercise of power under Article 66A of the Articles of Association of MTNL.
  • Shri Misra replaces Shri Sunil Kumar Ranjan.
  • The order was issued with the approval of the competent authority and instructs that necessary action under the Companies Act, 2013 be taken.

Order 2 (For Shri K Balaji):

  • Dated July 8, 2026 (Letter No. E-5-2/2021-PSA).
  • It supersedes the department's previous letter of the same number dated January 30, 2025.
  • The appointment is also made under Article 66A of the Articles of Association of MTNL.
  • Shri Balaji replaces Shri Alok Kumar Shukla.
  • This order was also issued with the approval of the competent authority and instructs action under the Companies Act, 2013.

Financial Impact

Financial impact not quantified in the disclosure. The event is a governance change concerning the composition of the company's board.