MTNL Fails to Fund Bond Series V Interest Escrow

MTNL could not fund the escrow account for its 11th semi-annual interest payment due on April 12, 2026, citing insufficient funds.
The payment pertains to 7.05% MTNL Bond Series V (INE153A08089), governed by a Tri-Partite Agreement among MTNL, DoT, and Beacon Trusteeship Limited.
All MTNL bonds carry Sovereign Guarantee by Government of India; default triggers invocation of guarantee by the Debenture Trustee.
Disclosure filed under Regulation 30 & 51 of SEBI (LODR) Regulations, 2015 with BSE and NSE.