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Mahanagar Telephone Nigam Limited ( (IN:MTNL) ) just unveiled an update.
MTNL has been fined by the NSE and BSE for non-compliance with several SEBI regulations related to board composition and committee constitutions, including the absence of a woman director. The company is addressing these issues by coordinating with the government for the appointment of additional independent directors and is seeking a waiver for the imposed fines.
More about Mahanagar Telephone Nigam Limited
Mahanagar Telephone Nigam Limited (MTNL) is a public sector undertaking in India, primarily engaged in providing telecommunication services. As a government enterprise, it operates under the Department of Telecommunications, Ministry of Communications, Government of India.
Average Trading Volume: 922,469
Technical Sentiment Signal: Hold
Current Market Cap: 27.65B INR
Learn more about MTNL stock on TipRanks’ Stock Analysis page.