Mahanagar Telephone Nigam Ltd announced ratings actions across several instruments from Brickwork Ratings India Pvt Limited and BWR. Brickwork Ratings has placed bonds amounting to 6500.00 in review. BWR reaffirmed its BWR AA+ (CE) rating for bonds totaling 6500.00, removing it from Rating Watch with Negative Implications and assigning an Outlook, alongside reaffirming its BWR AAA (CE)/Stable rating for bonds also amounting to 6500.00, and reaffirmed its Unsupported rating of BWR D for bonds totaling 6500.00; BWR also reaffirmed its BWR AAA (CE)/ Stable rating for Regulator Bonds of 4361.40, noting they are listed on BSE Ltd with semi-annual coupon payments, and reaffirmed its rating of AAA (CE)/ Stable for SEBI Bonds of 2138.60, also listed on BSE Ltd with semi-annual coupon payments, and assigned ratings of AAA (CE)/ Stable to two new Regulator Bonds: INE153A08089, 7.05%, 11 Oct 2030, and INE153A08097, 6.85%, 20 Dec 2030, both totaling 2138.60 and listed on BSE Ltd.
