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MTNL Confirms Funding for Bond Interest Payment

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MTNL Confirms Funding for Bond Interest Payment

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Mahanagar Telephone Nigam Limited ( (IN:MTNL) ) just unveiled an update.

MTNL has announced the successful funding of the third semi-annual interest payment for its Bond Series VIIID in an escrow account at the Bank of India. This move ensures compliance with SEBI regulations and reflects MTNL’s commitment to maintaining financial obligations, potentially reinforcing stakeholder confidence.

More about Mahanagar Telephone Nigam Limited

Mahanagar Telephone Nigam Limited (MTNL) is a government-owned telecommunications service provider in India. The company primarily offers fixed-line telephony, mobile services, and internet services, focusing on the urban markets of Delhi and Mumbai.

Average Trading Volume: 871,849

Technical Sentiment Signal: Hold

Current Market Cap: 27.49B INR

See more data about MTNL stock on TipRanks’ Stock Analysis page.

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