New Delhi: The government has extended the tenure of PK Purwar as CMD (Chairman and Managing Director) of MTNL (Mahanagar Telephone Nigam Ltd) by a year, a BSE filing said on Tuesday. Purwar has been holding additional charge of the CMD post at MTNL.
"In compliance of Regulation 30 of SEBI (LODR), 2015, this is to inform you that Department of Telecommunications (DoT) letter No. E-2-2/2019-PSA dtd. 03.10.2022 has extended additional charge of the post of CMD, MTNL assigned to Shri P.K.Purwar, CMD BSNL for a further period of one year w.e.f. 15.10.2022 to 14.10.2023 or until further orders whichever is earlier," said the document.
Purwar is a 1990-batch officer of the Indian P&T Accounts and Finance Service. He worked in various positions both at the field level and the corporate office in the Department of Telecommunications (DoT) and BSNL. He holds a Master's degree in Commerce from Allahabad University and is a qualified Chartered Accountant.
Mahanagar Telephone Nigam Limited (MTNL) is a state-owned telecommunications service provider and a wholly-owned subsidiary of BSNL, headquartered in New Delhi. MTNL provides services in the metro cities of Mumbai and New Delhi in India and in the island nation of Mauritius in Africa. The company had a monopoly in Mumbai and New Delhi until 1992 when the telecom sector was opened to other service providers. The government of India currently holds 57 percent shares in the company with the rest being held by public and institutional investors.
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