Mahanagar Telephone Nigam Limited Funds Interest Payment for MTNL Bond Series VII B
Mahanagar Telephone Nigam Limited (MTNL), a Government of India Enterprise, confirmed the funding of the designated Escrow Account set up in Bank of India for the payment of the 7th Semi Annual Interest related to its bond series.The transaction ensured that the interest payment for the 7.87% MTNL Bond Series VII B (INE153A08113) was processed successfully. The funding for this semi annual interest was completed on May 27, 2026. This payment cycle is scheduled to be due on June 1, 2026.
The key details regarding the interest payment funding are outlined below:
| Detail | Information |
|---|---|
| Company | Mahanagar Telephone Nigam Limited (MTNL) |
| Bond Series | MTNL Bond Series VII B (INE153A08113) |
| Interest Period | 7th Semi Annual Interest |
| Coupon Rate | 7.87% |
| Payment Due Date | June 1, 2026 |
| Funding Completion Date | May 27, 2026 |
| Escrow Bank | Bank of India |
MTNL Stock Price Movement
Today, Mahanagar Telephone Nigam Limited shares slipped by 2.45% to settle at ₹30.19 in post-market trading. The stock saw substantial interest, executing on a volume of 1.21 million shares during the trading session.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.