Mahanagar Telephone Nigam Limited — Important, 21-02-2025: General Updates
21-02-2025 | 02:25 pm
21-02-2025 | 02:25 pm
The company has completed the funding for the designated escrow account for the payment of the fourth semi-annual interest on its 7.80% Bond Series VII-D, due on 24.02.2025. This step ensures that the scheduled interest payment will be made on time, enhancing the reliability of its bond commitments and bolstering investor confidence. Stakeholders should monitor the company's financial health closely, as timely bond payments are crucial for maintaining trust and stability in the capital markets.
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