Income Tax Refund to MTNL
Mahanagar Telephone Nigam Ltd has informed BSE that Income Tax Department has issued a Refund order to MTNL in the case of MTNL Subscriber Deposit for the Assessment Year 2006-07.The total amount of Refund receivable from Income tax Department amounts to Rs. 623.18 Crores, which includes interest on Refund amounting to Rs. 103.62 Crores.... Financial Results for March 31, 2013
Mahanagar Telephone Nigam Ltd has informed BSE about the Financial Results for the period ended March 31, 2013. Change in Directorate
Mahanagar Telephone Nigam Ltd has informed BSE about the following changes have taken place in the Board of Directors of MTNL:-1. Shri V. Umashankar, Joint Secretary, (Telecom) DoT has been appointed as Govt. Director w.e.f. March 15, 2013 in place of Shri Malay Shrivastava.2. Shri Rajan Saxena has ceased to be the Govt. Director w.e.f. March 30, 2013 on completion of his tenure as Director.... Issue of Non-convertible Debentures (in the form of Bonds)
Mahanagar Telephone Nigam Ltd has informed BSE that MTNL has floated Non-convertible Debentures (in the form of Bonds ) @ 8.57% Semi-annual, under Sovereign Guarantee, on private placement basis, which has been subscribed to the extent of Rs. 1005/- Crores.The allotment in respect of the above bond issue has been made on March 28, 2013. Outcome of Board Meeting
Mahanagar Telephone Nigam Ltd has informed BSE 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 Rs. 3000 crs. for a period of 10 years guaranteed by the Government of India. Board Meeting on March 25, 2013
Mahanagar Telephone Nigam Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 25, 2013, inter alia, to consider and approve the proposal regarding raising of Non-convertible Debentures (in the form of Bonds) for 10 years worth Rs. 3000 crs. covered by Sovereign Guarantee through Private Placement. Updates
Mahanagar Telephone Nigam Ltd has informed BSE that the Ministry of Finance, Department of Economic Affairs (Budget Division) has conveyed that guarantee space for Rs. 3000 crore is available for MTNL to be utilized in the financial year 2012-13. It is proposed to raise 10 year bonds through private placement with bullet repayment on principal and interest at the end of 10 years. Limited Review for Dec 31, 2012
Mahanagar Telephone Nigam Ltd has submitted to BSE a Copy of the Limited Review Report for the period ended December 31, 2012. Financial Results for Dec 31, 2012
Mahanagar Telephone Nigam Ltd has informed BSE about the Financial Results for the period ended December 31, 2012.