Mahanagar Telephone Nigam Limited — Important, 30-05-2025: General Updates

MTNL faced Rs. 9.94 lakh fines each from NSE and BSE over board and committee compliance. The company clarified that independent director appointments are under the Department of Telecommunications' control and has added two independent directors, including a woman director. MTNL is pursuing a waiver of these fines. No material impact on operations or financials expected.