RailTel Secures Major Order from East Coast Railway
Filing Summary
RailTel Corporation of India Ltd. has received a significant order from East Coast Railway. The order involves the outsourcing of manpower for strengthening S&T maintenance activities in the Khurda Road Division. The contract is valued at approximately INR 24,53,62,894, including tax, and is set to be executed by March 18, 2028. The order was awarded domestically, and there are no related party transactions involved. The Letter of Acceptance was received on March 19, 2026.
RailTel Corporation of India Ltd. has announced the receipt of a major order from East Coast Railway. The order involves the outsourcing of manpower for the strengthening of S&T maintenance activities in the Khurda Road Division. The contract is set for a period of two years.
The order was awarded by a domestic entity, and the nature of the contract is a Letter of Acceptance. The estimated size of the order, as per the Letter of Acceptance, is approximately INR 24,53,62,894, inclusive of tax. The contract is scheduled to be executed by March 18, 2028. The Letter of Acceptance was received on March 19, 2026, at 17:14.
There is no interest from the promoter or promoter group in the entity that awarded the order, and the transaction does not fall within related party transactions. No delay in reporting has been noted.
RailTel Corporation of India Ltd. focuses on providing telecom and broadband services across India. The company is involved in the modernization of communication networks and offers a range of services, including managed data services and data center services. RailTel continues to expand its service offerings in the telecommunications sector.