Mahanagar Telephone Nigam Limited Announces Change in Government Nominee Directors
Mahanagar Telephone Nigam Limited (MTNL) has announced changes regarding the composition of its board concerning government nominees, effective July 8, 2026. The company confirmed that two directors who previously held positions as Government Nominees have ceased their roles. Simultaneously, two new officials from the Department of Telecommunications (DoT) were appointed to represent the government on the board.Shri Sunil Kumar Ranjan, Deputy Director General (C&A) of the DoT, and Shri Alok Shukla, Advisor at the DoT, are reported to have ceased their functions as Government Nominee Directors on the company's Board. This change followed the withdrawal of their nomination from the Department of Telecommunications (DoT), as of July 8, 2026.
In response, two new individuals were appointed as Government Nominee Directors, ex-officio, with immediate effect and until further orders. The newly appointed directors are Shri Shyamal Misra, Additional Secretary (Telecommunications) at the DoT, and Shri K Balaji, Joint Secretary (Administration) at the DoT.
The changes detail the transition of representation within MTNL’s governance structure as follows:
| Action | Director Name | Designation/Affiliation | Status Change |
|---|---|---|---|
| Ceased to be Nominee | Shri Sunil Kumar Ranjan | DDG (C&A), DoT | Cessation of Nomination |
| Ceased to be Nominee | Shri Alok Shukla | Advisor, DoT | Cessation of Nomination |
| Appointed as Nominee | Shri Shyamal Misra | Additional Secretary (Telecommunications), DoT | Immediate Appointment |
| Appointed as Nominee | Shri K Balaji | Joint Secretary (Administration), DoT | Immediate Appointment |
MTNL Stock Price Movement
Mahanagar Telephone Nigam Limited's shares slipped today, shedding 2.07% to settle at the indicative close of ₹28.17. Trading activity saw the stock fluctuate throughout the session between a day high of ₹29.37 and a low of ₹28.05.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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