MTNL Funds Escrow Account for 10th Semi-Annual Interest Payment

Mahanagar Telephone Nigam Limited (MTNL) has informed stock exchanges that it has funded the designated escrow account for servicing interest obligations on its bonds. The funding relates to the 10th semi-annual interest payment on MTNL Bond Series VI, which carries a coupon rate of 6.85%.

The company confirmed that the escrow account maintained with Bank of India was credited on December 18, 2025. This step ensures timely payment to bondholders in accordance with the terms of the bond issue.

Details Of the Interest Payment

The interest payment pertains to MTNL Bond Series VI, bearing ISIN: INE153A08097. The 10th semi-annual interest instalment is scheduled for December 21, 2025, as per the bond terms.

MTNL stated that the funding of the escrow account guarantees that the payment process will be completed without delays. This measure reflects adherence to regulatory and contractual obligations under the bond issuance framework.

Regulatory Filing and Compliance

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. MTNL’s filing highlighted that the escrow account funding was completed on December 18, 2025, ahead of the due date.

Such compliance ensures transparency and provides assurance to investors regarding the company’s financial discipline. Timely disclosures under SEBI norms are critical for maintaining investor confidence in listed debt instruments.

Significance For Bondholders

The funding of the escrow account is a key step in safeguarding bondholder interests. It confirms that MTNL has allocated resources for meeting its interest obligations on schedule.

Bondholders rely on these measures to ensure predictable cash flows from their investments. The company reiterated that the payment will be executed as per the agreed terms, reinforcing its commitment to honouring debt obligations.

MTNL Share Price Performance

On December 19, 2025, MTNL share price opened at ₹35.81, compared to the previous close of ₹35.93. During the session, as of 12:46 PM IST, the stock had touched a high of ₹36.64 and a low of ₹35.72, and was trading at ₹35.90, down by 0.04%.

The stock recorded a traded volume of 10.39 lakh shares and a traded value of ₹3.75 crore on the NSE. The market capitalisation stood at ₹2,263.59 crore.

Read More: MTNL Share Price Down, Fails to Fund Escrow Account for Upcoming Bond Interest Payment.

Conclusion

MTNL’s action to fund the escrow account ahead of the interest due date demonstrates its focus on the timely servicing of debt. The 6.85% MTNL Bond Series VI continues to meet its payment schedule, with the 10th semi-annual interest due on December 21, 2025.

This development underscores the importance of proactive financial management and compliance with regulatory requirements. Bondholders can expect the payment process to proceed smoothly under the established framework.

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