New Delhi: Mahanagar Telephone Nigam Limited (MTNL), a Government of India enterprise under the Ministry of Communications, has officially announced the convening of its 39th Annual General Meeting (AGM) on Friday, October 31, 2025, at 11:30 A.M. IST. In compliance with the regulatory framework issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI), the AGM will be conducted through Video Conferencing (VC) and Other Audio-Visual Means (OAVM).
The company has informed stock exchanges—BSE and NSE—about the AGM details and the business agenda. The Register of Members and Share Transfer Books will remain closed from October 25 to October 31, 2025, for the purpose of determining eligibility for voting at the meeting.
Key Agenda Items for FY 2025–26
The AGM will address both ordinary and special business matters, including the approval of financials and major board-level appointments:
1. Financial Statement Adoption
Members will be requested to receive, consider, and adopt the Audited Standalone and Consolidated Financial Statements of the company for the financial year ended March 31, 2025.
2. Re-affirmation of Borrowing Powers
A Special Resolution will be placed before shareholders seeking approval to modify and reaffirm the Board’s borrowing powers up to a financial ceiling of ₹35,000 crore. This is a strategic move aimed at supporting MTNL’s operational and capital expenditure needs.
Read also: MTNL Faces Fines from NSE, BSE for Delay in Appointing Woman Director and Committee Formation
Board Appointments and Re-Appointments
Significant board-level changes and confirmations will also be considered during the meeting:
- Re-appointment of CMD Mr. A. Robert J. Ravi (DIN: 10095013), who retires by rotation.
- Appointment of Mr. Alok Shukla (DIN: 10849459), Senior DDG (Personnel), DoT, as a Government Nominee Director.
- Appointment of Mr. Sudhakararao Papa (DIN: 10801670), currently Director (Enterprise) at BSNL, as Director (Technical) of MTNL.
Re-appointment of Independent Directors:
- Mr. Vishwas Pathak (DIN: 00093771)
- Ms. Deepika Mahajan (DIN: 09408802)
Both reappointments are proposed for a period of one year.
These changes are aligned with MTNL’s efforts to strengthen its board with a mix of government, technical, and independent expertise.
These changes are aligned with MTNL’s efforts to strengthen its board with a mix of government, technical, and independent expertise.
E-Voting Facility for Shareholders
In line with corporate governance best practices, MTNL has enabled a Remote E-Voting facility to ensure shareholder participation.
- Cut-off Date: October 24, 2025 — to determine shareholders eligible to vote.
E-Voting Window:
- Opens: Tuesday, October 28, 2025 (9:00 A.M.)
- Closes: Thursday, October 30, 2025 (5:00 P.M.)
The registered office of MTNL will be considered the deemed venue of the AGM. Shareholders participating through virtual mode will be counted toward quorum as per MCA guidelines.
The registered office of MTNL will be considered the deemed venue of the AGM. Shareholders participating through virtual mode will be counted toward quorum as per MCA guidelines.
About MTNL
Established in 1986, Mahanagar Telephone Nigam Limited (MTNL) is a Public Sector Undertaking (PSU) under the Government of India. It is a state-owned telecommunications service provider with operations in major metro cities like Delhi and Mumbai. MTNL is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The company plays a strategic role in India’s public telecom infrastructure and is closely aligned with government policy developments in the telecom sector.
Read also: MTNL Seeks Waiver of NSE and BSE Fine Over Non-Compliance on Woman Director Appointment
