-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, T6YSHDWJjq32UoKmdhd466J9KpGFK+E+/FNfBHIwFQ98OM5jcYTpO26ucMfMJXZW uwdIAPK0X2fnIJMsRaoQmw== 0000950120-05-000698.txt : 20051017 0000950120-05-000698.hdr.sgml : 20051017 20051017152345 ACCESSION NUMBER: 0000950120-05-000698 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20051017 FILED AS OF DATE: 20051017 DATE AS OF CHANGE: 20051017 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: 051140891 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 d682365.txt FORM 6-K SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE MONTH OF OCTOBER, 2005 COMMISSION FILE NUMBER 333-13944 MAHANAGAR TELEPHONE NIGAM LIMITED (Exact name of Registrant as specified in its Charter) 12th Floor, Jeevan Bharati Tower-1 124 Connaught Circus New Delhi 110 001 India (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F |X| 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): |_| NOTE: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders. 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): |_| NOTE: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR. 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 |X| If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): ________ - -------------------------------------------------------------------------------- SIGNATURES 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) Date: October 17, 2005 By: /s/ Anita Soni ----------------------------------- Name: Ms. Anita Soni Title: Director (Finance) - -------------------------------------------------------------------------------- EXHIBITS Exhibit 99 - ---------- Press release issued October 17, 2005 in which the Registrant announced that as PWC's internal review process has taken much longer than anticipated it is unable to file its Annual Report on Form 20-F for the fiscal year ended March 31, 2005 on a timely basis. The Registrant assures the market that the delay in filing the Form 20-F is not caused by any problems with the Registrant's business or financial condition. 2 EX-99 2 ex99.txt PRESS RELEASE ISSUED OCTOBER 17, 2005 MAHANAGAR TELEPHONE NIGAM LIMITED NEWS RELEASE TRADING SYMBOL: NYSE: MTE FOR IMMEDIATE RELEASE OCTOBER 17, 2005 MAHANAGAR TELEPHONE NIGAM LIMITED PROVIDES STATUS UPDATE ON LATE FILING OF FORM 20-F New Delhi, October 17, 2005 - Mahanagar Telephone Nigam Limited (the "Company") is providing an update on the filing with the U.S. Securities and Exchange Commission (the "SEC") of the Company's Annual Report on Form 20-F for the fiscal year ended March 31, 2005 (the "2005 Form 20-F"). As in recent years, rather than reconciling statements prepared in accordance with International Accounting Standards ("IAS") with Generally Accepted Accounting Principles in the United States of America ("US GAAP"), we are having our auditors, Price Waterhouse, Bangalore (New Delhi office) ("PWC") who have also audited the three prior years, audit US GAAP statements. Late in their audit process, PWC asked us to reconsider the way we account for employee benefits and income taxes. As a result, we will be restating shareholders' equity as of March 31, 2002 and shareholders' equity and net income as of and for the periods ended March 31, 2003 and 2004 to reflect the impact of adjustment in accounting for employee benefits and income taxes. PWC's internal review process has taken much longer than anticipated and as a consequence, we are unable to file the 2005 20-F on a timely basis. The Company wants to assure the market that the delay in filing the 2005 20-F is not caused by any problems with the Company's business or financial condition. The Company is fully current in its filings with the Bombay Stock Exchange. -----END PRIVACY-ENHANCED MESSAGE-----