MTNL Unable to Fund 6th Semi-Annual Interest Payment for Bond Series VIID
Published on: Feb. 13, 2026, 5:09 p.m. | Source: scanx.trade
MTNL has informed stock exchanges that it failed to fund the escrow account for the 6th semi-annual interest payment on its 7.80% Bond Series VIID (INE153A08139) due February 24, 2026, citing insufficient funds. Despite this funding shortfall, the bonds remain backed by sovereign guarantee from the Government of India, which can be invoked by the Debenture Trustee to ensure payment to bondholders.
