Deals14 Apr 2026, 11:23 am
RailTel's ₹17.13 Cr IT Infrastructure Order Cancelled
AI Summary
RailTel Corporation of India Ltd. announced the cancellation of a work order valued at ₹17,12,80,662/- (including Tax). The order, received from M/s Navodaya Vidyalaya Samiti, was for the procurement and maintenance of IT Infrastructure projects. The customer cancelled the order due to "unavoidable administrative circumstances," as per the company's filing. This cancellation impacts RailTel's order book and potential revenue from the project.
Key Highlights
- RailTel's ₹17.13 Cr IT infrastructure order cancelled.
- Order from Navodaya Vidyalaya Samiti for IT projects.
- Cancellation due to unavoidable administrative reasons.
- Impacts company's order book and future revenue.