37th

Annual Report

2 0 2 2 - 2 3

MAHANAGAR TELEPHONE NIGAM LIMITED

Transparency makes us different !

Thirty Seventh

Annual Report

2022-23

MAHANAGAR TELEPHONE NIGAM LIMITED

(A Nav Ratna Company)

37th Annual Report 2022-23

VISION OF MAHANAGAR TELEPHONE NIGAM LIMITED

"To be a leading integrated player in telecom, diversifying into

related business in order to expand significantly,

keeping customer delight as the aim".

MISSION OF MAHANAGAR TELEPHONE NIGAM LIMITED

"Committed to remain market leader in providing world-class telecom & IT related services at an affordable prices and to achieve international Standards in all aspects".

IMPORTANT COMMUNICATION TO THE SHAREHOLDERS

The Ministry of Corporate Affairs has taken a "Green Initiative in the Corporate Governance" by allowing paperless compliances by the companies and has issued circulars stating that the service of Notice/Documents including Annual Report can only be send by email to its Shareholders/Bondsholders. To support this Green Initiative of the Government in full measure, members who have not registered their email addresses, so far, are requested to register their email addresses, in respect of electronic holding with the Depositories through their concerned Depository Participant.

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37th Annual Report 2022-23

CONTENTS

PARTICULARS

  1. Board of Directors of MTNL as on 31.07.2023
  2. Statutory Information
  3. Directors Report of MTNL for FY 2022-23
  4. Annexures to Director's Report of MTNL for FY 2022-23
    • Annexure I - Secretarial Audit Report of MTNL for FY 2022-23
    • Annexure II - Certificate of Compliance with Corporate Governance under Listing Regulations of MTNL for FY 2022-23
    • Annexure III- Annual Secretarial Compliance Report of MTNL for FY 2022-23
    • Annexure IV- Reply of MTNL to Qualifications in Secretarial Audit Report, Compliance Certificate regarding Compliance of Conditions of Corporate Governance and Annual Secretarial Compliance Report of MTNL for FY 2022-23
    • Annexure V -MGT 9 (Extract of Annual Return) of MTNL for FY 2022-23
    • Annexure VI - Corporate Governance Report of MTNL for FY 2022-23
    • Annexure VII - Business Responsibility & Sustainability Report of MTNL for FY 2022-23
    • Annexure VIII - Management Discussion and Analysis Report (Enterprise Risk Management Policy of MTNL) of MTNL for FY 2022-23
  5. Independent Auditors' Report on the Standalone Financial Statements of MTNL for FY 2022-23
  6. Annual Financial Statements (Standalone) of MTNL for FY 2022-23
  7. Independent Auditors' Report on the Consolidated Financial Statements of MTNL for FY 2022-23
  8. Annual Financial Statements (Consolidated) of MTNL FY 2022-23
  9. Annexure to Directors' Report-Comments of Statutory Auditors & Management Replies thereto on the Standalone Financial Statements of MTNL for FY 2022-23

Annexure to Directors' Report-Comments of Statutory Auditors & Management

  1. Replies thereto on the Consolidated Financial Statements of MTNL for FY 2022- 23
    Comments of the Comptroller and Auditor General of India (C & AG) under
  2. Section 143(6)(b) of the Companies act, 2013 on the Standalone & Consolidated Financial Statements of MTNL for FY 2022-23
  3. Statement containing salient features of the Financial Statement of Subsidiaries/ Associate Companies/ Joint Ventures (AOC - 1) for FY 2022-23
  4. Millennium Telecom Limited - Directors' Report, Auditors Report and Financial Statements for FY 2022-23
  5. Mahanagar Telephone (Mauritius) Limited - Auditors' Report and Financial Statements for FY 2022-23

Pg No.

4

4-5

6-30

31-35

36

37-44

45

46-53

54-85

86-109

110-124

125-153

154-231

232-251

252-339

340-348

349-357

358-367

368-370

371-420

421-460

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Disclaimer

MTNL - Mahanagar Telephone Nigam Limited published this content on 31 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 August 2023 10:27:06 UTC.