Deals27 Oct 2026, 09:28 am
RailTel Bags ₹131.88 Cr Order from Directorate Of Postal Life Insurance
AI Summary
RailTel Corporation of India Ltd has received a Letter of Acceptance (LoA) from the Directorate of Postal Life Insurance, Department of Posts. The order is for providing System Integrator for IMS services for a period of 5 years, commencing from November 1, 2031. The estimated value of the order is ₹1,31,88,38,162 (excluding tax). This is a domestic order and does not involve any interest from promoters or group companies.
Key Highlights
- RailTel secured a significant order from Directorate Of Postal Life Insurance.
- The contract is for System Integrator for IMS for 5 years.
- The order value is ₹1,31,88,38,162 (excluding tax).
- Execution period is from November 1, 2031, to October 31, 2036.
Price Impact
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