Home MarketMahanagar Telephone Nigam Ltd.

Mahanagar Telephone Nigam Ltd. Stock Info: As on 2018-05-21 15:58:12

Nse

16.05

-0.60(-3.60%)
Change%
52 Week Range
15.90
21.00
31.25
3.00
Open16.70
Day's Range13.32 - 19.98
Value Traded (in ₹ Cr.) 1.03

Bse

16.00

-0.65(-3.90%)
Change %
52 Week Range
15.95
21.00
31.25
2.00
Open16.70
Day's Range13.32 - 19.98
Value Traded (in ₹ Cr.) 0.31

Stock Exchange

Category No. Of Shares Share %
ForeignPromoters 0.00 0.00%
IndianPromoters 354,378,740.00 56.25%
Mutual Funds/UTI 4,500.00 0.00%
FII 2,170,254.00 0.34%
Employee 0.00 0.00%
Public 100,442,278.00 15.94%
Government 2,500.00 0.00%
Others 38,320,708.00 6.08%
More

Key Statistics

Valuation Measures
Market Cap / Sales Ratio 0.52
Basic EPS (Rs.) -46.68
Cash EPS -29.42
BVPerShare Excl -53.44
Operating Revenue 45.55
PBDITPerShare -6.50
Dividend 0.00
NPPerShare -46.68
Current Ratio 0.46
Quick Ratio 0.46
PriceToBV -0.44
Earnings -1.95
PBDIT Margin -14.26
PBT Margin -102.64
NP Margin -102.48
Return On Assets -16.65
Retention Ratios 0.00
Parameter Mar-17 (₹ Cr.) Yoy%change
Total Income 3,552.46
Total Expenses 6,497.92
EBITDA -409.36
PBT -2,945.46
PAT -2,941.08
Net Income -2,941.08
More
Parameter Sep-17 (₹ Cr.) 6M % change
Total Income 1,603.76
Total Expenses 2,312.99
EBITDA -1,241.06
PBT -1,433.81
PAT -1,433.81
Net Income 0.00
More
Total Assets
Total Assets
Parameter Mar-17 (₹ Cr.) Yoy%change
Total share capital 630.00
Net worth -3,366.70
Investments 141.98
Total Liability 17,662.96
Total debt 14,921.55
Net block 8,922.87
Total Assets 17,662.96
Parameter Sep-17 (₹ Cr.) 6M % change
Total share capital 630.00
Net worth 591.96
Investments 181.98
Total Liability 26,449.81
Total debt 17,296.76
Net block 10,135.18
Total Assets 26,449.81
Company Curr Price Prev. Close Change% W's Low/High

Accord Synergy Ltd.

44.8 44.8 0
44.845

Bharti Airtel Ltd.

360 361.35 -0.37
355.05394

Frog Cellsat Ltd.

0 10 0
00

Idea Cellular Ltd.

52.85 52.1 1.44
50.153.8

Nu Tek India Ltd.

0.75 0.75 0
0.650.8

OnMobile Global Ltd.

38.45 40.35 -4.71
39.143.1

Reliance Communications Ltd.

13.35 15.3 -12.75
9.8521.3
Company Curr Price Prev. Close Change% W's Low/High

Bharti Airtel Ltd.

360.2 361.95 -0.48
355.1393.95

Cistro Telelink Ltd.

0.21 0.21 0
0.210.21

Esskay Telecom Ltd.

3.27 3.12 4.8
3.273.27

Idea Cellular Ltd.

52.8 52.1 1.34
50.0553.75

Nettlinx Ltd.

54.65 57.1 -4.29
53.5563.9

Nu Tek India Ltd.

0.72 0.71 1.41
0.690.77

OnMobile Global Ltd.

38.35 40.35 -4.96
39.0542.9
More
Parameter Mar-17(in ₹ Cr.)
Cash from operating activities -1,050.41
Cash from investing activities -9.39
Cash from financing activities 992.77
Net change in cash -67.03

Stock Held By Mutual Fund Schemes

Balrampur Chini posts Rs 42 cr net loss in Q4

Leading sugar firm Balrampur Chini Mills posted standalone net loss of Rs 42.69 crore for the fourth quarter of 2017-18, mainly due to higher expenses. The company had reported a net profit of Rs 200.39 crore in the same quarter previous fiscal, according to a regulatory filing. The revenue of the company increased to Rs 1,037.01 crore in the January-March quarter of FY18 from Rs 893.50 crore in the year-ago period. However, expenses remained rose to Rs 1,069.17 crore from Rs 667.47 crore. For the full 2017-18, the company's consolidated net profit declined to Rs 231.67 crore compared to Rs 592.76 crore in the previous fiscal. The company said its revenue and expenses for the fourth quarter of the last fiscal included the excise duty and are not comparable with that of this year due to implementation of the goods and services tax (GST). Commenting on the performance, Balrampur Chini Mills Managing Director Vivek Saraogi said, The sugar industry is currently going through a challenging period owing to a record domestic production which has severely depressed sugar prices. Given the large disparity in sugarcane costs and realisations, sugar operations have become unviable. This has resulted in cane arrears across India reaching levels of over Rs 22,000 crore, he said. Saraogi urged the central and state governments to take urgent steps for the crisis being encountered by the industry which is not just sentimental rather 'real'. He said that the only solution is to reduce the sugar inventory as quick as possible for clearance of cane dues and to have an economical and rationale cane price across India. Balrampur Chini is one of the largest integrated sugar company in India. It has ten sugar factories in Uttar Pradesh.

21-05-2018 11:54

IDBI Bank appoints two independent directors on its board

State-run IDBI Bank said its board has approved appointment of two new independent directors following the resignation of two board members last week. The board on May 19, 2018, approved the appointment of Samaresh Parida and N Jambunathan as additionald directors, IDBI Bank said in a filing to stock exchanges. Parida is a consultant while Jambunathan was former Deputy Managing Director of SBI. Last week, two independent directors Ninad Karpe and S Ravi resigned from the board of state-owned IDBI Bank days after CBI filed an FIR in connection with Rs 600 crore loan given by the bank to former Aircel promoter C Sivasankaran, his son and companies controlled by him. The CBI's FIR had named the two independent directors and many other officials. The case pertains to loans of Rs 322 crore and Rs 523 crore given to the companies of Sivasankaran, who was at the centre of Aircel Maxis probe for alleging that then telecom minister Dayanidhi Maran put pressure on him to sell his company to a Malaysian telecom tycoon, a case in which Maran brothers have been discharged by a special court. The loans later turned non-performing assets or NPAs. The loan of Rs 322 crore was allegedly issued to Finland-based Win Wind Oy (WWO) by IDBI Bank in October, 2010 which turned NPA three years later, the CBI has said in its FIR. The CBI has named 15 bank officials who worked at senior levels at IDBI Bank between 2010 and 2014 when loans were sanctioned to the companies controlled by Sivasankaran in its FIR registered on a complaint from the Central Vigilance Commission. Managing Director and CEO of Indian Bank Kishor Kharat (who was then MD and CEO of IDBI Bank) and his counterpart in Syndicate Bank Melwyn Rego (then Deputy Managing Director in IDBI Bank), along with then Chairman-cum- Managing Director of IDBI Bank M S Raghavan have been named in the FIR.

21-05-2018 11:36

Vijaya Bank defers capital raising plan for FY'19

Vijaya Bank today said its board has deferred the capital raising plan under Basel-III for 2018-19 fiscal. In a meeting held today, the board deferred the capital raising plan, the bank said in a regulatory filing. Vijaya Bank posted a net profit of Rs 207.31 crore during fourth quarter of the 2017-18 fiscal, as against Rs 203.99 crore in the same quarter previous year.

21-05-2018 10:46

Ultra Tech to acquire Century Textiles' cement business

Aditya Birla Group firm UltraTech said it would acquire the cement business of BK Birla Group company Century Textiles and Industries through a share swap deal, a move which would further consolidate its position as market leader in the segment. The Board of Directors of UltraTech Cement, at its meeting held today, approved a scheme of arrangement amongst Century Textiles and Industries and its respective shareholders and creditors, the Aditya Birla Group firm said in a statement. According to the scheme, the shareholders of Century would get one equity share of UltraTech, having a face Rs 10/- each for every eight equity shares of Century of face value Rs 10 each. UltraTech will issue 1.4crore new equity shares to the shareholders of Century, which will increase its equity capital to Rs 288.58crore, divided into 28.86 crores equity shares of Rs. 10/- each, said UltraTech. The acquisition will contribute positively to the company's earnings, it said further. The transaction would provide UltraTech, opportunity to further strengthen its presence in the east and central markets and extending its footprint in the Western and Southern markets in the country. The operations will be bolstered by economies of scale arising out of synergies in procurement and logistics costs; creation of efficiencies by reducing time to market, enhancing competitiveness as well as customer service, said UltraTech It further said that the transaction is expected to be consummated within 6-9 months. Other advantages stem from ready to use assets with a strong distribution network, availability of land, railway and other infrastructure. The acquisition is expected to lead to greater shareholder value creation, the company said. The transaction is subject to the approval of shareholders and creditors, stock exchanges, NCLT, CCI and all other regulatory approvals as may be required, the company said. Century Textiles has three integrated cement units situated in Madhya Pradesh, Chhattisgarh and Maharashtra with a total capacity of 11.4 mtpa (million tonnes per annum) and a grinding unit in West Bengal of 2.0 mtpa. For the financial year ended March 31, 2018, it had reported revenue of Rs 4,306 crore. In June last year, UltraTech Cement completed the Rs 16,189 crore acquisition of Jaiprakash Associates' six integrated cement plants and five grinding units, having a capacity of 21.2 million tonnes. Besides, the company is also into race to acquire debt-ridden Binani Cement and has put its revised offer competing with Dalmia Bharat Group. UltraTech, which is a leader in the segment, has an installed capacity of 96.5 MTPA of grey cement. It has 19 integrated plants, 1 clinkerisation plant, 25 grinding units and 7 bulk terminals. Upon consummation, the Company's cement capacity will stand augmented to 109.9 mtpa including its overseas operations, the company said adding This will position UltraTech as the 3rd largest Cement player globally (excluding China). Its operations span across India, UAE, Bahrain, Bangladesh and Sri Lanka. Besides UltraTech Cement is also India's largest exporter of cement to the countries around the Indian Ocean and the Middle East. For the financial year 2017-18 ended on March 31, 2018 UltraTech Cement's net sales were at Rs 32,304.63 crore.

21-05-2018 10:44

RBI hikes FIIs investment limit in Parag Milk Foods to 24%

The Reserve Bank of India on Friday raised foreign investment limit in Parag Milk Foods to 24 per cent from existing 10 per cent. “The Non Resident Indians (NRIs) investment limit under Portfolio Investment Scheme in Parag Milk Foods Ltd. has increased from 10 per cent to 24 per cent of its paid up capital,” the apex bank said in a press release. Parag Milk Foods Ltd. has passed necessary resolutions of its Board of Directors and General Body as required under the FEMA, 1999 and the regulations framed thereunder. The increase is subject to regulation 5(3) of Foreign Exchange Management (Transfer or issue of security by a person resident outside India) Regulations, 2017 dated November 07, 2017, as amended from time to time, and the onus of compliance with the limits prescribed for the company is on the company.

21-05-2018 10:06

MTNL investing Rs 190 cr to upgrade services; may be allocated

Cash-strapped telecom firm MTNL is investing Rs 190 crore to upgrade its services and may also be allocated 4G spectrum to help stay relevant in the highly competitive market, telecom minister Manoj Sinha has said. The department of telecom (DoT) is seriously considering to allot 4G spectrum to state-run Mahanagar Telephone Nigam (MTNL), which serves New Delhi and Mumbai, and Bharat Sanchar Nigam (BSNL), which serves the rest of the country, he said. Now we are attempting to make its (MTNL) services better and after a long time MTNL is investing money in improving its network and services, both in New Delhi and Mumbai. I feel they will rollout something in the next three to four months and their services will be better, Sinha told PTI over the weekend. Conceding that MTNL's financial situation is difficult, he said the state-run firm is investing Rs 190 crore in the project that will see it install new base transceiver stations, among other initiatives. Sinha said the allotment of 3G spectrum and the loans taken for the same weakened the financial position of the company in such a way that it is unable to pay interest on the loans. Reports pegged the listed company's debt at Rs 16,870 crore as of December 2017. The telecom firm narrowed its losses to Rs 639.01 crore in the quarter ended December 2017, against Rs 819.96 crore in the same quarter of 2016. Its total income stood at Rs 852.64 crore in the quarter, against Rs 836.43 crore. The company is yet to report March quarter and full year numbers. The minister said an asset monetisation programme is being thought about, wherein excess assets can be monetised. He, however, said that the assets are owned by multiple entities - the company, the DoT and the government of India. He said the DoT is fine selling off the assets it holds and also promised to take other sale proposals involving government of India-owned assets to the Cabinet. The minister, however, declined to give an estimate of how much could the company raise through such an exercise or timelines on the same, adding that the process will be carried out as per the report of a consultant. On the 4G spectrum allocation, Sinha said, There's a spectrum handicap to both BSNL and MTNL. So, we are seriously considering how to provide them 4G spectrum so that they can become a viable and a major player in telecom sector. It can be noted that the Parliamentary standing committee on information technology in March had asked the government to allocate 4G spectrum to the two companies at the earliest to help them compete and survive in the market. Both the companies have reportedly submitted proposals for launching 4G services where they operate with government support on spectrum. BSNL operates in 20 telecom circles, while MTNL has operations in the remaining two areas of Delhi and Mumbai. Sinha said BSNL has been reporting operating profit for the last three years and has gained market share despite the entry of Reliance Jio resulting in a decline for other entrenched companies. Introduction of Internet telephony will be a big positive for BSNL, the minister said.

21-May-2018 07:51 AM

MTNL - Board Meeting On May 30, 2018

Compliance of Regulation 29(1)(a) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Intimation of Board Meeting for the F.Y. ended on 31st March, 2018.

14-May-2018 04:06 PM

MTNL - Fixes Record Date for Payment of Interest for Bonds

Mahanagar Telephone Nigam Ltd., has informed BSE that the Company has fixed May 21, 2018 as the Record Date for the purpose of Payment of Interest for Bonds.

05-May-2018 12:39 PM

MTNL revival plan on, DoT panel meeting regularly: CMD

MTNL chief P K Purwar today said an internal panel of Telecom Department is meeting on regular basis to discuss the revival options for the ailing state-owned firm, and ruled out any talks on closure of the company at this point. ...all the discussions that MTNL had with Department of Telecom (DoT) or in the government is about MTNL's revival, and manner in which the legacy issues can be addressed...there is neither any proposal nor discussion about closure of MTNL, in any manner, Purwar, CMD of MTNL, told PTI. In September last, DoT constituted an internal panel to carve out a future path for the debt-laden Mahanagar Telephone Nigam Ltd (MTNL), which offers telephony services in Mumbai and Delhi circles, and Purwar said the committee continues to meet at regular intervals to discuss various options for revival. We have not been communicated formally or informally about any plan of the government to close down MTNL. The internal committee for revival of MTNL held its last meeting as recently as April 18, where various options for revival were discussed. The path of revival is being worked out, he emphasised. Telecom Minister Manoj Sinha in a written reply to Lok Sabha in February had pointed that both BSNL and MTNL have been incurring losses for a number of years, and therefore, have been declared as 'incipient sick' as per Department of Public Enterprises (DPE) guidelines. Sinha had also said that the revival plan of MTNL prepared by its consultant is under consideration in DoT. The recommendations include defending current revenue and additional revenue streams, asset monetisation, lowering retirement age from 60 to 58 years for employees, Voluntary Retirement Scheme (VRS), debt restructuring and finding synergy in operations of MTNL and BSNL. MTNL's debt stands at a staggering Rs 17,000 crore, and its annual interest burden is close to Rs 1,450 crore. Bruised by a fierce competition from private sector players, MTNL's losses were pegged at Rs 2,893 crore in 2014-15 , Rs 2,005 crore in 2015-16, and Rs 2,970 crore in 2016-17.

24-Apr-2018 04:29 PM

MTNL - Compliances-Compliance Of Regulation 40(9) Of SEBI (Listing Obligations & Disclosure Requirements), 2015.

Compliance of Regulation 40(9) of SEBI (Listing Obligations & Disclosure Requirements), 2015.

11-Apr-2018 05:03 PM

MTNL - Board Meeting On May 30, 2018

Compliance of Regulation 29(1)(a) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Intimation of Board Meeting for the F.Y. ended on 31st March, 2018.

14-May-2018 04:06 PM

MTNL - Fixes Record Date for Payment of Interest for Bonds

Mahanagar Telephone Nigam Ltd., has informed BSE that the Company has fixed May 21, 2018 as the Record Date for the purpose of Payment of Interest for Bonds.

05-May-2018 12:39 PM

MTNL - Compliances-Compliance Of Regulation 40(9) Of SEBI (Listing Obligations & Disclosure Requirements), 2015.

Compliance of Regulation 40(9) of SEBI (Listing Obligations & Disclosure Requirements), 2015.

11-Apr-2018 05:03 PM

Corporate Details

About Management

1986 - On 28th February Mahanagar Telephone Nigam Ltd. was incorporated as a Public Limited Company under the Companies Act, 1956. The company has been set up to take over the management, control and operation of Delhi Telephone District (Excluding public telegraph service) and Mumbai Telephone District of the Department of Telecommunications and to plan, establish, develop, provide, operate and maintain all types of telecommunication services including Telephone, telex, wireless, data communication, telematic and other like forms of communication. - One of the important objectives of the company is to raise the necessary finance to meet its own developmental needs and also that of the telecommunications board of the Department of Telecommunication. - The Main objectives and aims of Nigam are as follows: (1) To upgrade the quality of telecom services (2) To expand telecom (3) To raise necessary financial resources (4) To provide new telecommunication services, particularly needed by the business community and public administration such as Cellular Mobile Radio Telephone, Radio Paging, Fascimile Videotex, Teletex, Electronic Mail etc. (5) To invest in Human Resource Development (6) To organise and dovetail the training programmes. - During November, the Mahanagar Telephone Nigam Ltd. offered 15,00,000-14% and 10% secured redeemable non-convertible bonds of Rs 1,000 each for public subscription to partly meet the fund requirements of the capital expenditure programmes of the MTNL and DOT envisaged for the year 1986-87. - Additional 7,50,000 bonds were issued to retain over subscription. 15,88,460-14% secured redeemable bonds were privately placed with the financial institutions and banks. - All shares issued to President of India and of which 59,99,984 shares were issued without payment in cash. 1987 - 1,12,133-14% and 19,26,327-10% bonds of Rs 1000 each were allotted in February/March. The 14.0% and 10.0% bonds are redeemable after the expiry of 7 years and 10 years respectively from the date of allotment. 1995 - The entire junction network in the system was fibre based on a step to provide self healing machanisms to be built in the System through induction of SDH technology. 1996 - The Company floated on private placement basis 11th `A' part and 12th Series of bonds aggregating Rs 359.26 crores for the developmental programmes of the department of telecommunications. 1997 - The Company took various steps to provide a host of value added services like datacom, inet, DIDPABX, Voice Mail, Radio Paging and ISDN. - In addition to phone plus facilities like dynamic locking, call waiting/call transfer, hot line etc. were extended to valued customers. Apart from this IVRS (Interactive Voice Response System) like local assistance changed number information, and falut booking system ensuring round the clock service, a CD-ROM version of the telephone directory and an on-line directory enquiry through PC was introduced during the year. - The Company undertook to provide, wireless in the local loop in Mumbai and Delhi, GSM Mobile Telephone in Delhi and Mumbai, B.CDMA pilot project, Induction of Smart Payphone and introduction of DLC optical fibre borne system. - Payment of bills was made hassel free with the introduction of electronic clearing system and customer service management system for on-line payment and adjustment of telephone bills. - The Company issued 7,00,000 No. of equity shares representing 3,50,000 GDRs (1 GDR = 2 shares) at a price of US $ 11.958 per GDR. 1998 - As on 31st March, the waiting list of the MTNL has 1047 in Delhi and Nil in Mumbai due to its sustained efforts and timely implementation of various projects. - Mahanagar Telephone Nigam Ltd is considering a proposal to reduce the security, a Wireless in Local Loop (WiLL) subscriber has to pay to Rs 15,000 from Rs 25,000. - MTNL has proposed that a WiLL subscriber's bank can stand guarantee for this security, effectively ensuring that there is no real outflow from the subscriber's pockets. - The Mahanagar Telephone Nigam Ltd (MTNL) board has approved a proposal for setting up a joint venture company with the Telecom Consultants India Ltd (TCIL) for operating basic and cellular services. - The Company is setting up a network in Kuwait. The project was awarded to TCIL in June 1997. In Comoros, the company is using C-DoT exchanges for the telecom network. - The Mahanagar Telephone Nigam Ltd (MTNL) is developing a software to protect customers from telephone tapping and reading by external sources. - Mahanagar Telephone Nigam Ltd (MTNL) launched the country's first toll-free service in Delhi. - The company will be advertising to select an international joint venture (JV) partner for its cellular phone service; MTNL will have a 51 per cent equity stake in the new company. - MTNL will set up an integrated commercial accounting system with help from Tata Consultancy, Services. - The state-owned Mahanagar Telephone Nigam Ltd (MTNL) is all set to give a run to private cellular operators for their money by launching a "low-tariff" mobile telephone service to cater to the salaried middle-class and students. - Within a few weeks of listing, the MTNL (Mahanagar Telephone Nigam Ltd) GDR issue was voted as one of the top 10 Best International Equity Issue in 1997 in a poll conducted by Euroweek's International Equity Review, the respected international business publication. - In the polls, MTNL secured the awards of the 10th best international equity issue of 1997; fourth best Asian equity issue of 1997; and second best Indian equity issue of 1997. - Mahanagar Telephone Nigam Ltd., is undertaking a restructuring plan to ward off competition and streamline costs. - Mahanagar Telephone Nigam Ltd (MTNL) is holding parleys with banks, FIs and mutual funds for making a private placement of bonds worth Rs.450 crore. 1999 - Mahanagar Telephone Nigam (MTNL) has proposed a cash-and-stock deal to the Department of Telecommunications (DoT). - Mahanagar Telephone Nigam Ltd (MTNL) has proposed a joint venture with Telecom Consultants India Ltd (TCIL) to become the second basic telecom services provider in West Bengal and Jammu and Kashmir. - The Department of Telecommunications (DoT) and Mahanagar Telephone Nigam Ltd (MTNL) have shot down the Delhi and Mumbai cellular operators' proposal for an out-of-court-settlement of the litigation of MTNL's entry into cellular services. - Mahanagar Telephone Nigam Ltd (MTNL) on Tuesday entered into direct competition with another state owned public sector unit Videsh Sanchar Nigam Ltd (VSNL) for Internet services by offering a 15 per cent lower tariff. - International telecommunications provider Videsh Sanchar Nigam Limited (VSNL) will enter the national long distance telephony segment when it is opened up for competition in 2000. - Mahanagar Nigam Telephone Ltd (MTNL) on Wednesday released the new telephone director called Phone Book 1999 after a gap of four years. - The MTNL Board has proposed a stock option price of around Rs. 85 per cent share to the department of telecommunications (DoT) as against the market price of around Rs. 85 per share to the department of telecommunications (DoT) as against the market price of around Rs. 170 before the recent political upheaval. - State-owned Mahanagar Telephone Nigam Ltd is expanding the wireless in local loop (WLL) network, both in Mumbai and Delhi up to 50,000 and 10,000 subscribers respectively. In Delhi, they are expanding the network to 10,000 from the existing 1,000 subscribers. In Mumbai the network would be expanded to 50,000 subscriber. - Mahanagar Telephone Nigam Ltd (MTNL) has proposed that the government should dovetail its disinvestment programme of a $100 million Global Depository Receipt (GDR) issue with the company's plan to become the first Indian firm to be listed on the New York Stock Exchange (NYSE) within the next three months. 2000 - Mahanagar Telephone Nigam Ltd (MTNL) tied up with MasterCard International to pioneer the acceptance of credit cards for payment of telephone bills. - The Company will do the soft launch of its GSM-based monbile services in Delhi and Mumbai. - The Company is likely to be listed on New York Stock Exchange next month with the public sector telecom giant getting clearance from the bourse. - The Company has proposed increase in the pulse rate of local call for the internet usage to five minutes from three minutes to make internet usage affordable. - The Company will launch its cellular service in Mumbai from August 15. - The Company has awarded the Rs 32 crore contract for Fixed Wireless Terminals for its CDMA network in Delhi. - The Company and American Express travel related services entered into alliance for india's first co-branded telecom credit card MTNL American Express credit card. - The company will mull a tie-up with portals rediff.com and satyamonline.com at a meeting. - The Company has setting up both basic and cellular services in Nepal. - Telecom services in the national capital of Mumbai were partially affected due to one day token strike by non-executive employees of the company demanding revision of pay scales, perks and allowances. - The Employees of the Company in New Delhi went on a one-day strike on 4th June demanding revision of pay scales and perks. The staff threatened to go on an indefinite strike from July 11. - The Proposed strike of the Company staff unions has been deferred to 21st July. - The state owned Mahanagar Telephone Nigam Ltd. will set up a submarine cable landing station. - The company has to explore possibility of entering a joint venture with another state owned company Videsh Sanchar Nigam for just opened Long Distance telephony. - Narendra Sharma has been appointed as the new chairman and managing director of the company. - The company has opened two additional customer service centres at Chembur in Mumbai. - The Company will expand its "common man" mobile telephone network by 50,000 new lines in the current financial year. - Mahanagar Telephone Nigam Limited to launch its cellular phone service in Mumbai in January next with a subscriber capacity of 1,00,000 lines. - Mahanagar Telephone Nigam Ltd. has transferred its Internet Service Provider Category-A licence as well as Internet business to its subsidiary, Millennium Telecom. 2001 - MTNL is to develop a dedicated division to spearhead its cellular operations in Delhi and Mumbai. - Mahanagar Telephone Nigam Limited (MTNL) will introduce a cash card for its cellular subscribers within two months of starting its cellular Operations on Jan. 31. - The Company Chairman Narinder Sharma has bagged the international "Millienium Man of the Year" award, instiutted by the international award committee of Wisitex Foundation. - Dolphin, the much-awaited cellular service of MTNL, was launched in Delhi on 6th Feb. - The Company proposes to provide additional net switching capacity of 3.30 lakh lines and to deploy 50,000 lines of CDMA-based WLL technology during the year 2001-02. - The Company and Videsh Sanchar Nigam Limited have both signed memoranda of understanding with the Department of Telecommunications outlining their performance agenda for the coming financial year. - The Company has tied up with Billjunction.com to provide online bill presenting and payment facility to its customers. - The Company will have a roaming facility in its cellular service, Dolphin, by the end of this month - The Company has tied up with WorldTel to offer basic telecom services in Bangaladesh as part of the corporation's proposed move to diversify into overseas operations. - Mahanagar Telephone Nigam Limited (MTNL) has roped in ICRA to chart out a strategy to leverage the human resources of the telecom company - The Delhi High Court has upheld the appointment of Narinder Sharma as chairman-cum-managing director of MTNL, saying there was no merit in a writ petition challenging it. - Dolphin, the cellular service promoted by State-owned telecom operator MTNL, seems to be catching on.In October, Dolphin registered 13,000 new subscribers in Mumbai, increasing its base to 33,000. Around 30 per cent of these new connections have defected to Dolphin from incumbent cellular operators, Orange or BPL, according to MTNL officials. - IDBI Bank has forged an alliance with MTNL in Delhi to help the account holders of the bank to pay their phone bills through ATMs and Internet. 2002 -Announces its launch of Wireless in Local Loop (WLL) service in Mumbai -Launches its pre-paid cellular card "Trump" with tariffs 50 per cent lower than that of the private players in Delhi and Mumbai -Govt. pemits MTNL, BSNL to compete in basic services -Sets up a new software venture called ComSoft for developing communications software, as a part of its strategy to offer value-added communications software in e-commerce, e-governance and intelligent networking -IDBI Bank signs MoU with MTNL for bill payment -Announces unlimited cell calls for Rs 1900 -MTNL stock price records nine-year-low of Rs 95 -Announces new codes for MTNL consumers in Delhi -MTNL stops sales of its pre-paid card Trump 2003 -Misses WLL-M expansion deadline in Delhi -Partners with RailTel Corporation of India Ltd. to offer telecom bandwidth vide optical fibre cable (OFC) along its track network -Announces free incoming calls -Formulates VRS for employees -Department of Telecommunications (DoT) signs Memorandum of Understanding (MoUs) for 2003-04 with Mahanagar Telephone Nigam Ltd (MTNL) -Slashes number of free calls -Forms Joint Venture with VSNL and Telecommunications Consultants India Ltd (TCIL) to provide Basic & WLL telephone services in Nepal -Trai rejects MTNL's new WLL tariffs -Cuts down cellular tariffs to take on private sector competition -Awards WLL-M handset contract to Kyocera of Japan -Reduces tariff rates by 50% on CDMA services -Shelves global long distance plan -Approves VRS for its employees -Gets licence for providing telephone service and ILD services in Mauritius -Joins hands with Nokia, Samsung for WLL handsets -Launches new tariff plan where the monthly rental will be Rs 100 and the call charges will be Rs. 1.90 per minute -Launched a new scheme offering a fixed line telephone connection for Rs 100 per month, on which the customer can access free incoming calls. For outgoing calls, the customers will have to use Virtual Credit Cards (VCC). Thus, the offer introduces a hybrid post-paid cum prepaid arrangement for a fixed line phone. -1. Shri Narinder Sharma - ceased to be CMD wef October 31, 2003 on retirement from service on attaining the age of Superannuation. 2. Shri R S P Sinha - Director (F) has been entrusted the officiating charge of the post of CMD for a period of 3 months wef November1, 2003. 3. Shri I C Srivastava - ceased to be the Director wef October 8, 2003 due to death 4. Shri P C Rawal - ceased to be the Director wef October 29, 2003 5. Dr J S Sarma - appointed as Govt. Director in place of P C Rawal wef October 29, 2003 6. Smt Monika Arora - tendered her resignation wef November 11, 2003 and ceased to be the director from the said date. -MTNL has come out of its "negative trap" with its fixed-line subscribers outgrowing surrenders, even as it launched a new scheme, 'Plan 160', for basic telephony subscribers. -MTNL has informed that Shri AK Girotra and Shri RL Dubey, Executive Director Delhi and Mumbai respectively have been appointed as ex-officio directors on the Board of MTNL wef December 19, 2003 -MTNL unveils 'Economy Plan' for WLL services 2004 -MTNL launches new schemes for ISDN subscribers -MTNL unveils SMS facilities on its landlines for its customers -MTNL bags licence to offer telecom services in Mauritius, Kenya - MTNL and BSNL have entered into a strategic alliance, under which the two public-sector telecom companies will jointly offer their voice and data services -MTNL Ltd. has informed that Sh. A. K. Girotra, and Sh. R.L. Dubey, Executive Director, Delhi and Mumbai respectively have been appointed as ex-officio directors on the Board of MTNL w.e.f. December 19, 2003. -Mahanagar Telephone Nigam Ltd (MTNL) on January 09, 2004, announced a special tariff plan for basic service users with Rs 160 monthly rental aiming at low end users. Under this special plan, there would be no free calls as available under other tariff packages. -ITI queries on MTNL deal with Huawei -MTNL bags award for excellence in cost reduction -MTNL awards GSM line contract for Motorola -Mahanagar Telephone Nigam has launched new leased line services, with both 'full' and 'compressed' bandwidth circuits, for port speeds ranging from 64 kpbs to two mbps -MTNL join hands with BSNL to target corporate clients -MTNL unveils value added services (VAS) for landline customers in Mumbai 2005 - Consumers will get access to high-speed Internet services from Jan 14, onwards for as low Rs 500 a month, with Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd launching its broadband services across the country. - Mahanagar Telephone Nigam Ltd's latest voluntary retirement scheme, which closed on January 31, 2005, has somewhat come a cropper with only around 2,000 employees, out of its total staff of around 58,000, applying for it. -MTNL rolls out Rs 1,000 cr tender for 3G services -Red Hat partners with MTNL's CETTM centre 2006 -NLD licence for MTNL -MTNL teams up with Aksh Opticfibre for IPTV -MTNL & Software Technology Parks signs JV agreement -MTNL set to launch 3-in-1 services 2007 - Mahanagar Telephone Nigam Ltd (MTNL) has appointed Shri. S P Pachauri as Director (H R) on the Board of MTNL w.e.f. December 06, 2007. -MTNL to tie up with Novatium for Net access device -MTNL all set to buy Sri Lankan Suntel -MTNL gets Rs 1,461 crore I-T refund 2008 -Mumbai: Mahanagar Telephone Nigam Ltd has joined hands with Contakt Tech Solutions India for Express alert, a new value added service for MTNL subscribers - MTNL ha launched the next generation 3G technology-based telecom services in Delhi. The service was inaugurated by Prime Minister Manmohan Singh by receiving a video call from Telecom Minister A Raja, who was also present at the function. - Mahanagar Telephone Nigam Ltd has joined hands with Contakt Tech Solutions India for Express alert, a new value added service for MTNL subscribers. MTNL's customers will get astrology, news, stock, etc alerts by subscribing to these services. 2009 -MTNL to launch 3G Services in Mumbai 2010 - Mahanagar Telephone Nigam Ltd (MTNL) has informed BSE that Shri R. S. P. Sinha, Chairman & Managing Director (CMD), MTNL has relinquished the charge of the CMD and Shri Kuldip Singh, Director(technical), MTNL has been given the additional charge of the post of Chairman & Managing Director (CMD), MTNL with effect from January 15, 2010. 2011 - Shri. Ashok Kumar Garg, Director(HRD), BSNL, has been appointed as Chairman & Managing Director, Mahanagar Telephone Nigam Ltd. 2012 - Mahanagar Telephone Nigam Ltd (MTNL) has signed a MoU with Welingkar Institute of Management Development & Research (Welingkar) to introduce two management programs for the telecom sector. -Registered Office of the Company has been shifted from Jeevan Bharti Building Tower - I, 12th Floor, 124, Connaught Circus, New Delhi 110001 to Mahanagar Doorsanchar Sadan, 5th Floor, 9, CGO Complex Lodi Road New Delhi - 110003. 2013 -The Company has conveyed that guarantee space for Rs. 3000 crore is available for MTNL to be utilized in the financial year 2012-13. -MTNL introduces broadband technology-based video telephony service -MTNL to inject Rs 400 cr to increase 3G speed 6-fold 2014 -MTNL taps FIIs, raises Rs 1,500 cr via bond sale -MTNL gains over 6% on reports of merger with BSNL

Registered Office

Mahanagar Doorsanchar Sadan, 5th Floor, 9, CGO Complex, Lodhi Road,

011-24319020,,,      011-24324243,

mtnligrc@bol.net.in

http://www.mtnl.net.in

Registrar Details

Beetal Financial & Computer Services (P) Ltd