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Government Extends Additional Charge of MTNL Finance Director Role for BSNL’s Rajiv Kumar

Story Highlights
  • MTNL disclosed that Rajiv Kumar of BSNL will continue holding additional charge as Director Finance at MTNL for another year.
  • The extension reflects the government’s push for continuity and coordination in financial leadership across state-run telecom firms MTNL and BSNL.
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Government Extends Additional Charge of MTNL Finance Director Role for BSNL’s Rajiv Kumar

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Mahanagar Telephone Nigam Limited ( (IN:MTNL) ) has provided an update.

Mahanagar Telephone Nigam Limited has announced that the Department of Telecommunications has extended the additional charge of the post of Director (Finance) at MTNL assigned to Rajiv Kumar, who also serves as Director (Finance) at Bharat Sanchar Nigam Limited. The Appointments Committee of the Cabinet has granted ex-post facto approval for Kumar to continue in this dual responsibility for a further year starting 1 December 2025, or until further orders, supporting continuity in MTNL’s financial leadership without additional remuneration during this period.

The continuation of Rajiv Kumar in the finance role underscores the government’s approach of leveraging shared senior management between state-owned telecom operators MTNL and BSNL. This arrangement is likely aimed at maintaining stability in MTNL’s financial oversight amid broader sectoral and organizational challenges, and signals ongoing close coordination between the two public sector telecom entities under the Ministry of Communications.

More about Mahanagar Telephone Nigam Limited

Mahanagar Telephone Nigam Limited (MTNL) is a Government of India enterprise operating in the telecommunications sector, primarily providing fixed-line, broadband, and related communication services. The company focuses on serving key metropolitan markets in India and operates under the oversight of the Department of Telecommunications within the Ministry of Communications.

Average Trading Volume: 172,511

Technical Sentiment Signal: Sell

Current Market Cap: 17.78B INR

Learn more about MTNL stock on TipRanks’ Stock Analysis page.

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