Mahanagar Telephone Nigam Ltd Completes Funding for 6th Semi Annual Interest Payment
Mahanagar Telephone Nigam Limited has completed the funding of the designated escrow account maintained with Bank of India to facilitate the payment of the 6th semi annual interest for its MTNL Bond Series VIII A (INE153A08154).The company confirmed that the funding was executed on July 17, 2026. This transaction pertains to the 7.59% MTNL Bond Series VIIIA, where the payment of interest was scheduled for July 20, 2026.
The following table provides the specific details regarding the bond series and the corresponding payment schedule:
| Detail | Description |
|---|---|
| Bond Series | MTNL Bond Series VIII A (INE153A08154) |
| Interest Rate | 7.59% |
| Scheduled Payment Date | July 20, 2026 |
| Actual Funding Date | July 17, 2026 |
| Escrow Bank | Bank of India |
MTNL Stock Price Movement
Shares of Mahanagar Telephone Nigam Limited on Friday slipped by 2.29% to settle at ₹28.09. The stock traded with a volume of 804,632 shares as the price retreated from its opening level.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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