📈 Live Market Tracking
Every NSE and BSE corporate filing, read and explained by AI within minutes — impact, key figures, short/long-term view and what to watch.
Live · AI analyzer runs every 5 min (07:00–23:55 IST)
161 analysed today
FollowTelegram
161
Today
149,562
All-time analysed
42,894
Positive
6,654
Negative
91,341
Neutral
8,605
Watch
📊 Last 7 days — analysed filings by sentiment
Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
51 announcements match the current filters (relevance ≥ 5).
MTNL Defaults on ₹9,116 Crore Bank Loans; Total Indebtedness Hits ₹36,026 Crore
MTNL has reported a significant default on its bank loan obligations as of January 31, 2026, involving seven major public sector banks. The company has defaulted on principal and interest payments totaling over ₹3,417 crore in overdues within a total bank borrowing of ₹9,116 crore. The total financial indebtedness of the company has reached ₹36,026 crore, which includes sovereign guarantee bonds and loans from the Department of Telecommunications. Most of these bank accounts were classified as NPAs between August 2024 and February 2025, highlighting prolonged financial distress.
Key Highlights
Total financial indebtedness stands at ₹36,026 crore, including ₹24,071 crore in Sovereign Guarantee Bonds.
Defaulted on bank loans totaling ₹9,116 crore across lenders like Union Bank, SBI, and PNB.
Total overdue amount includes ₹1,321.31 crore in interest and ₹2,095.72 crore in principal.
Union Bank of India has the highest exposure with an outstanding principal of ₹3,334.57 crore.
All listed bank accounts have been classified as NPAs by the respective lenders.
👀 What to Watch
Investors should exercise extreme caution as MTNL is in a severe debt trap with recurring defaults and NPA classifications. The company's survival is heavily dependent on government bailouts or significant restructuring, making the stock highly risky.
MTNL Funds Escrow Account for 7.78% Bond Series VIIC Interest Payment
MTNL has successfully funded its designated escrow account at Bank of India to facilitate the 6th semi-annual interest payment for its 7.78% Bond Series VIIC (ISIN: INE153A08121). The funding was completed on February 7, 2026, ahead of the actual due date of February 10, 2026. This move ensures compliance with SEBI (LODR) Regulations and confirms the company's immediate ability to service this specific debt obligation. While this is a routine operational update, it provides some relief regarding the company's short-term liquidity management for bondholders.
Key Highlights
Funding completed for the 06th semi-annual interest payment on MTNL Bond Series VIIC
The bonds carry a coupon rate of 7.78% with ISIN INE153A08121
Escrow account at Bank of India was funded on February 7, 2026, ahead of the February 10 deadline
Compliance maintained under Regulation 30 of SEBI (LODR) Regulations, 2015
👀 What to Watch
Bondholders can expect timely interest credit; however, equity investors should remain cautious as the company continues to face significant long-term financial and operational challenges.
MTNL Funds Escrow for 5th Semi-Annual Interest on 7.59% Bond Series VIII A
Mahanagar Telephone Nigam Limited (MTNL) has successfully funded its designated escrow account at Bank of India to meet its debt obligations. The funding is for the 5th semi-annual interest payment on its 7.59% Bond Series VIII A (INE153A08154). The payment is due on January 20, 2026, and the company completed the funding on January 17, 2026. This timely action ensures compliance with SEBI (LODR) Regulations and provides a positive signal regarding the company's short-term liquidity for debt servicing.
Key Highlights
Funding completed for the 5th semi-annual interest payment of MTNL Bond Series VIII A.
The bonds carry a coupon rate of 7.59% per annum.
Escrow account at Bank of India was funded on January 17, 2026, ahead of the January 20 due date.
Compliance maintained with Regulation 30 of SEBI (LODR) Regulations, 2015.
👀 What to Watch
Investors should note the timely debt servicing as a positive liquidity indicator, though long-term caution is advised given MTNL's overall financial stress. Bondholders can expect timely interest credit.
MTNL Reports ₹9,036 Crore Default on Bank Loans; Total Debt at ₹35,851 Crore
MTNL has disclosed a significant default of ₹9,036.14 crore in principal and interest payments to seven public sector banks for the quarter ended December 31, 2025. The company's total financial indebtedness stands at a staggering ₹35,851 crore, which includes ₹24,071 crore in Sovereign Guarantee bonds. Union Bank of India and Indian Overseas Bank are the most affected lenders, with outstandings of ₹3,941 crore and ₹2,560 crore respectively. Most loan accounts have been classified as NPAs, reflecting severe and persistent liquidity constraints.
Key Highlights
Total default amount of ₹9,036.14 crore includes ₹7,794.34 crore in principal and ₹1,241.80 crore in interest.
Total company indebtedness is ₹35,851 crore, including ₹2,744 crore borrowed from DoT just to pay bond interest.
Major bank exposures include Union Bank (₹3,941.17 Cr), IOB (₹2,560.73 Cr), and Bank of India (₹1,184.34 Cr).
All listed bank loans have been classified as NPAs by the respective lenders between August 2024 and February 2025.
👀 What to Watch
The company is in a state of chronic default and high insolvency risk; investors should avoid fresh positions. Existing shareholders should monitor government bailout news or potential merger developments with BSNL as the only viable recovery paths.
MTNL Defaults on ₹9,036 Crore Bank Dues; Total Indebtedness Reaches ₹35,851 Crore
MTNL has reported a massive default in the payment of principal and interest amounting to ₹9,036.14 crore across seven major public sector banks. The company's total financial indebtedness has escalated to ₹35,851 crore, which includes ₹24,071 crore in sovereign guarantee (SG) bonds. Most of these bank accounts have been classified as NPAs, with Union Bank of India having the largest exposure at ₹3,941.17 crore. The company is currently relying on loans from the Department of Telecommunications (DoT) even to service interest on its bonds.
Key Highlights
Total default amount stands at ₹9,036.14 crore, including ₹7,794.34 crore in principal and ₹1,241.80 crore in interest.
Union Bank of India and Indian Overseas Bank are the largest lenders with defaults of ₹3,941.17 crore and ₹2,560.73 crore respectively.
Total financial indebtedness is ₹35,851 crore, comprising bank loans, SG bonds, and DoT loans.
MTNL has borrowed ₹2,744 crore from the DoT specifically to pay interest on its sovereign guarantee bonds.
Accounts have been classified as NPAs by all seven major lending banks including SBI, PNB, and BoI.
👀 What to Watch
Investors should exercise extreme caution as the company is in a severe debt trap with widespread NPA classifications. The stock remains highly speculative and any potential recovery is entirely dependent on government-led restructuring or bailouts.
MTNL Fails to Fund Escrow for 7.59% Bond Interest Due Jan 20, 2026
MTNL has reported its inability to fund the Escrow Account for the 5th semi-annual interest payment of its 7.59% Bond Series VIIIA, citing insufficient funds. The payment is due on January 20, 2026, and the company was required to deposit the necessary amount 10 days prior as per the Tri-Partite Agreement. While MTNL has defaulted on the funding requirement, these bonds carry a Sovereign Guarantee from the Government of India. This guarantee ensures that the Government is obliged to make the payment if the Debenture Trustee invokes it following MTNL's default.
Key Highlights
MTNL failed to fund the Escrow Account for 7.59% Bond Series VIIIA (INE153A08154) due to liquidity issues.
The 5th semi-annual interest payment is officially due on January 20, 2026.
The Tri-Partite Agreement (TPA) required funding 10 days before the due date, which MTNL missed.
Bonds are Sovereign Guaranteed, meaning the Government of India is liable for payment upon guarantee invocation.
The Debenture Trustee, Beacon Trusteeship Limited, is responsible for invoking the guarantee to protect bondholders.
👀 What to Watch
Bondholders should monitor the invocation of the Sovereign Guarantee to ensure timely interest credit, while equity investors should remain cautious of the company's persistent liquidity crisis.
MTNL Funds 10th Semi-Annual Interest for 6.85% Bond Series VI
MTNL has successfully funded its designated Escrow account at Bank of India to meet its upcoming interest obligations. This funding is for the 10th semi-annual interest payment on the 6.85% MTNL Bond Series VI (ISIN: INE153A08097). The payment was due on December 21, 2025, and the company completed the funding on December 18, 2025. This timely action ensures compliance with SEBI (LODR) Regulations and demonstrates the company's adherence to debt servicing schedules.
Key Highlights
Funding of 10th semi-annual interest for 6.85% MTNL Bond Series VI completed.
Escrow account at Bank of India was funded on December 18, 2025.
The interest payment is officially due on December 21, 2025.
Compliance reported under Regulation 30 of SEBI (LODR) Regulations, 2015.
👀 What to Watch
Bondholders can remain confident in the timely receipt of interest, reflecting sovereign-backed support. Equity investors should continue to monitor MTNL's overall financial health and government-led restructuring updates.
CARE Reaffirms 'D' Rating for MTNL Bank Facilities; 'AAA (CE)' for GoI-Backed Bonds
CARE Ratings has reaffirmed its 'D' rating for MTNL's bank facilities, citing ongoing defaults totaling ₹3,208.82 crore as of November 30, 2025. Conversely, the company's bonds worth over ₹24,000 crore maintain a 'CARE AAA (CE); Stable' rating due to an unconditional and irrevocable guarantee from the Government of India. MTNL's standalone financial position remains critical, with its loan account classified as an NPA since September 2024 and staff costs consuming 91% of FY25 revenue. A 10-year service agreement with BSNL, effective January 2025, has been implemented to manage operations and stabilize EBITDA.
Key Highlights
Bank facilities totaling over ₹11,600 crore reaffirmed at 'CARE D' due to persistent debt servicing delays.
Total default amount on bank loans reached ₹3,208.82 crore as of November 30, 2025.
Bonds worth ₹24,070.99 crore reaffirmed at 'CARE AAA (CE)' based on sovereign guarantees from the Government of India.
Staff costs surged to 91% of revenue from operations in FY25, compared to the 5-7% industry average.
BSNL officially took over MTNL's telecom operations in Delhi and Mumbai starting January 1, 2025.
👀 What to Watch
Investors should exercise extreme caution as the 'D' rating and NPA status reflect severe liquidity stress and insolvency risks. While bondholders are protected by sovereign guarantees, equity investors face high risk due to the company's total reliance on government support and BSNL's operational takeover.
MTNL to Sell BKC Residential Property to NABARD for Rs 350.72 Crore
MTNL's Board has approved the sale of 28 residential quarters located in the prime Bandra Kurla Complex (BKC), Mumbai, to NABARD for a total consideration of Rs 350.72 crore. This transaction is part of the company's ongoing asset monetization strategy approved by the Government of India. The sale involves a plot area of 2,680 sqm and a built-up area of 4,019.02 sqm. While NABARD will bear the stamp duty and registration charges, MTNL is responsible for prior dues and NLMC fees.
Key Highlights
Sale of 28 residential quarters in Mumbai's BKC area to NABARD for Rs 350.72 crore.
Transaction executed through a Government-to-Government (G2G) transfer model.
Property includes a plot area of 2,680 sqm and a total built-up area of 4,019.02 sqm.
Proceeds are part of a larger asset monetization plan under Presidential Approval dated July 17, 2020.
MTNL to bear prior dues and NLMC fees as per the Letter of Undertaking dated June 29, 2025.
👀 What to Watch
Investors should view this as a positive liquidity event for the debt-laden PSU; monitor if proceeds are used effectively for debt reduction or operational requirements.
MTNL Defaults on Principal & Interest Payments to Banks
MTNL has announced defaults in payment of principal and interest to several banks, including Union Bank of India, Bank of India, and Punjab National Bank. The total outstanding borrowings from banks/financial institutions amount to ₹8,957 crore. The total financial indebtedness of the company, including short-term and long-term debt, is ₹35,699 crore. This includes bank loans of ₹8,957 crore, SG Bonds of ₹24,071 crore, and a loan from DoT for paying SG Bond interest of ₹2,671 crore.
Key Highlights
Total outstanding borrowings from banks/financial institutions: ₹8,957 crore
Total financial indebtedness of the company: ₹35,699 crore
Outstanding Principal from UBI: ₹3,334.57 crore
Overdue Interest from UBI: ₹571.89 crore
SG Bonds: ₹24,071 crore
👀 What to Watch
Investors should closely monitor MTNL's debt restructuring plans and government support initiatives. Consider reducing exposure given the high debt and default risks.
MTNL Fails to Fund Escrow for 6.85% Bond Series VI Interest Due Dec 21, 2025
MTNL has reported its inability to fund the Escrow account for the 10th semi-annual interest payment of its 6.85% Bond Series VI (INE153A08097). The interest is due on December 21, 2025, and according to the structured payment mechanism, the account should have been funded 10 days prior. The company cited insufficient funds as the reason for this lapse. However, these bonds carry a Sovereign Guarantee from the Government of India, which will be invoked by the Debenture Trustee to ensure payment.
Key Highlights
MTNL failed to deposit funds for the 10th semi-annual interest payment of 6.85% Bond Series VI.
The interest payment is due on December 21, 2025, with funding required by December 11, 2025.
Company officially cited 'insufficient funds' as the reason for the non-compliance.
Bonds are Sovereign Guaranteed by the Government of India under a Tri-Partite Agreement (TPA).
SBICAP Trustee Company Limited is expected to invoke the guarantee to facilitate payment to bondholders.
👀 What to Watch
Bondholders should monitor the invocation of the sovereign guarantee to ensure timely interest credit. Equity investors should remain extremely cautious as this highlights the company's severe and ongoing liquidity crisis.
