Key Developments: Mahanagar Telephone Nigam Ltd (MTNL.NS)

MTNL.NS on National Stock Exchange of India

26 Aug 2014
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Latest Key Developments (Source: Significant Developments)

Mahanagar Telephone Nigam Ltd announces cessation of CMD
Monday, 2 Jun 2014 07:57am EDT 

Mahanagar Telephone Nigam Ltd:Says A. K. Garg, CMD, MTNL has ceased to be the CMD of MTNL w.e.f. May 31 on account of retirement on attaining the age of superannuation.  Full Article

Mahanagar Telephone Nigam Ltd Announces Issue Of Non-Convertible Debentures
Tuesday, 2 Apr 2013 07:10am EDT 

Mahanagar Telephone Nigam Ltd announced that it has floated Non-convertible Debentures (in the form of Bonds ) at 8.57% Semi-annual, under Sovereign Guarantee, on private placement basis, which has been subscribed to the extent of INR1005 crores (INR10.05 billion). The allotment in respect of the above bond issue has been made on March 28, 2013.  Full Article

Mahanagar Telephone Nigam Ltd Approves Proposal For Raising Non Convertible Debentures
Monday, 25 Mar 2013 08:16am EDT 

Mahanagar Telephone Nigam Ltd that the Board of Directors of the Company at its meeting held on March 25, 2013, has approved the proposal for raising non convertible debentures (in the form of bonds) worth INR3,000 crores(30 Billion) for a period of 10 years guaranteed by the Government of India.  Full Article

India's MTNL plans to raise up to 10 bln rupees via bonds

MUMBAI, March 25 - India's state-run Mahanagar Telephone Nigam Ltd is planning to raise up to 10 billion rupees ($164.46 million) through 10-year bonds at 9.39 percent semi-annual coupon, two sources with direct knowledge of the deal said.

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