Deals25 Sept 2026, 01:52 pm
Praruh Technologies Secures ₹31.2 Cr Rate Contract from RailTel
AI Summary
Praruh Technologies Limited has been awarded a Rate Contract by RailTel Corporation of India Ltd. for the supply of Telepresence equipment, along with a 5-year Long Term Maintenance Support (AMC) post-warranty. The contract, valid from September 23, 2026, to September 22, 2027, has a broad consideration of ₹31,20,75,698.80. Sub Purchase Orders (SPOs) for the equipment and AMC will be issued separately. The delivery period for each order is 120 days. This agreement does not involve any promoter group interest in RailTel and is not considered a related party transaction.
Key Highlights
- Secured a Rate Contract worth ₹31.2 Cr from RailTel Corporation.
- Contract includes supply of Telepresence equipment and 5-year AMC.
- Blanket Purchase Agreement valid for one year from Sep 2026.
- Delivery period for orders is 120 days.
- No promoter group interest or related party transaction involved.
Price Impact
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