01 Oct 2026
MTNL's board approved selling its Powai Plot-C land in Mumbai to the Income Tax Department for Rs 891.53 crore.
The 20,895 square metre plot moves in a government to government transfer. MTNL carried about Rs 40,009 crore of liabilities in FY2025-26 against non-core assets valued near Rs 50,000 crore.
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