0000910662-12-000073.txt : 20120307 0000910662-12-000073.hdr.sgml : 20120307 20120307111637 ACCESSION NUMBER: 0000910662-12-000073 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120307 FILED AS OF DATE: 20120307 DATE AS OF CHANGE: 20120307 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MAHANAGAR TELEPHONE NIGAM LTD CENTRAL INDEX KEY: 0001160262 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 000000000 STATE OF INCORPORATION: K7 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-13944 FILM NUMBER: 12673092 BUSINESS ADDRESS: STREET 1: 12TH FL JEEVAN BHARATI TOWER 1 STREET 2: 124 CONNAUGHT CIRCUS CITY: NEW DELHI INDIA STATE: K7 ZIP: 110001 BUSINESS PHONE: 2128948940 MAIL ADDRESS: STREET 1: 12TH FL JEEVAN BHARATI TOWER 1 STREET 2: 124 CONNAUGHT CIRCUS CITY: NEW DELHI STATE: K7 ZIP: 999999999 6-K 1 form6k.htm PRESS RELEASE RE REGAINING NYSE COMPLIANCE form6k.htm


SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 


F O R M  6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of
March 2012

Commission File Number:   333-13944

MAHANAGAR TELEPHONE NIGAM LIMITED
 (Name of Registrant)


12th Floor, Jeevan Bharati Tower-1, 124 Connaught Circus
New Delhi 110 001,  India
(Address of Principal Executive Office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F S                                Form 40-F *

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): *

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): *

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes  *                       No S

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-_________
 
 

 
 

 

Mahanagar Telephone Nigam Limited (MTNL)

TABLE OF CONTENTS
Exhibit
 
 

99.1
Press Release re Mahanagar Telephone Nigam Limited Regains Compliance with NYSE Listing Standards, dated March 6, 2012.



 
 

 

SIGNATURE


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 
 


 
Mahanagar Telephone Nigam Limited
 
    (Registrant)
   
   
   
 
By: /s/S. R. Sayal
 
Name: S. R. Sayal
 
Title: Company Secretary


EX-99.1 2 ex99_1.htm ex99_1.htm




EXHIBIT 99.1




MAHANAGAR TELEPHONE NIGAM LIMITED
NEWS RELEASE


For Immediate Release
              March 6, 2012


MAHANAGAR TELEPHONE NIGAM LIMITED
REGAINS COMPLIANCE WITH NYSE LISTING STANDARDS


New Delhi, March 6, 2012 - Mahanagar Telephone Nigam Limited (the “Company”) NYSE: MTE, confirmed that it has regained compliance with the New York Stock Exchange, Inc.'s ("NYSE") continued listing standards.  On January 4, 2012, the NYSE notified the Company that the Company was not in compliance with Section 802.01C of the NYSE Listed Company Manual, which requires an average closing price of not less than $1 per share over a consecutive 30-trading day period. The average closing price for the Company’s ADSs for the 30 trading days ended February 29, 2012 and on that day exceeded the requisite closing prices.  On March 2, 2012, the Company received confirmation from the NYSE that it was in compliance with the NYSE's listing standards.

Institutional Background

Mahanagar Telephone Nigam Limited provides telecommunication services in Delhi and Mumbai. The Company offers various telecommunication services, such as fixed landline telephone; 2G and 3G, GSM and CDMA mobile, international long distance, broadband, IPTV, VOIP, and leased line services. The Company was founded in 1986 and is based in New Delhi, India.

Mahanagar Telephone Nigam Limited's American Depositary Shares trade on the New York Stock Exchange under the symbol MTE. Additional information about the Company may be found on it's website at http://www.mtnl.net.in/.

For additional information contact:

Smt. Anita Soni, Director Finance
dirfinco@bol.net.in
91-11-2332-1095
 
-or-

Carter Ledyard & Milburn LLP
rich@clm.com
212-238-8895