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Crisil Ratings Limited has affirmed MTNL's ₹6,500 Cr bonds and ₹20 Cr NCDs at Crisil AAA (CE), maintaining a 'Watch Negative' outlook.

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Mahanagar Telephone Nigam LimitedMTNL · Filed with the exchange

This reflects past delays in the government-backed payment mechanism, though recent adherence is noted.

Sustained adherence and a confirmed process for timely payments are crucial to resolving the watch.

Read the original filing(PDF)

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