RailTel Corporation of India Ltd

RailTel Corporation of India Ltd has announced that its Board of Directors will convene on July 30, 2026. The primary agenda item is to consider and approve the un-audited financial results for the first quarter ended June 30, 2026. Concurrently, the trading window for designated persons and their relatives, which opened on July 1, 2026, will remain closed until 48 hours after the declaration of these financial results.

RailTel Corporation of India Ltd. has received a Letter of Acceptance (LoA) from North Central Railway for a project valued at ₹32,74,50,127 (including tax). The order involves the reliability improvement of track circuits by providing MSDAC in parallel with existing DCTC and other associated work at 14 stations in the ALJN-DER section of Prayagraj Division. The project is classified under Railway Signaling and is to be executed by January 23, 2028. This is a domestic order, and the company has confirmed no promoter interest or related party transactions involved.

RailTel Corporation of India Ltd has disclosed new litigation initiated by 3i Infotech Limited. The dispute arises from the termination of a contract for RailTel's Wi-Fi Monetisation Project. 3i Infotech has invoked arbitration, claiming ₹60.26 Crore. RailTel, however, has a counter-claim of ₹91.34 Crore. The final financial implications will depend on the arbitration tribunal's adjudication.

RailTel Corporation of India Ltd has received a significant work order from the Information Technology And Electronics Department, Uttar Pradesh. The order, valued at ₹18.53 Crores (including tax), involves the design, installation, and maintenance of educational labs, including vocational labs and supply of hardware. The scope also includes teacher and staff training. The project is to be executed by November 17, 2027. This contract falls under the 'Supply, Installation, Commissioning, Training and Support Services of Atal Tinkering Labs (ATL) in Schools' initiative. The order is from a domestic entity and does not involve related party transactions.

RailTel Corporation of India Ltd has announced the appointment of its Cost Auditors and Internal Auditors following a Board of Directors meeting held on July 8, 2026. M/s SAH & Company has been appointed as the Cost Auditor, a firm with over 11 years of experience in cost and management accounting services, specializing in Cost Audit, Stock Audit, and consultancy. The company has also appointed multiple firms for Internal Audit across different regions: M/s S Ramanand Aiyar & Co. for the Corporate Office, M/s S Guha and Associates for the Eastern Region, M/s Bansal & Co for the Northern Region, M/s B M Chatrath & Co. LLP for the Southern Region, and M/s J N Sharma & Co. for the Western Region. These firms are established professional entities with extensive experience in auditing large and listed companies.

RailTel Corporation of India Ltd announced the appointment of new Internal Auditors and Cost Auditors following a Board of Directors meeting held on July 8, 2026. The company has appointed S Ramanand & Co. (Corporate Office), S Guha and Associates (Eastern Region), Bansal & Co (Northern Region), B M Chatrath & Co. LLP (Southern Region), and J N Sharma & Co. (Western Region) as Internal Auditors for the Financial Years 2026-27 and 2027-28. M/s SAH & Company, Cost Accountants, has been appointed as the Cost Auditors for FY 2026-27 to audit the company's cost records. Detailed profiles of the auditors will be shared separately.

RailTel Corporation of India Ltd. has received a Work Order from Haryana State Electronics Development Corporation Limited for the Operation & Management (O&M) of the Haryana State Wide Area Network (HSWAN) as a Managed Service Provider (MSP). The contract is valued at ₹16,20,00,000 (including tax) and is set to be executed by December 31, 2027. This domestic order signifies continued business for RailTel in managing critical state infrastructure.

RailTel Corporation of India Ltd has announced the promotion of Shri Vishwanath Bharatula, Executive Director/Mktg/SR, to Principal Executive Director/Mktg/SR. This promotion is effective from the date he assumes charge of the higher post. Consequently, Shri Bharatula will become part of the Company's Senior Management Personnel. The filing includes his detailed profile, highlighting his extensive experience in Supply Chain Management, HR Management, Project Monitoring, e-procurements, and marketing, including securing high-value contracts. He holds an M. Tech from IIT, Bombay, and has undergone management training at prestigious institutions.

RailTel Corporation of India Ltd. has announced receiving a significant work order from Mahanadi Coalfields Limited. The order, valued at ₹1,07,60,89,200 (including tax), involves the establishment of an MPLS VPN Network for Mahanadi Coalfields on a rental basis for a period of 60 months. The execution is slated to be completed by June 30, 2031. This contract is with a domestic entity and does not involve related parties or promoter group interests.

RailTel Corporation of India Ltd has received a Letter of Intent (LoI) from Thane Municipal Corporation to act as the Technology Partner for the Development, Upgradation, Implementation, Operation, and Maintenance of the DigiThane Citizen Engagement Platform. This contract is for a period of 10 years, with an estimated order size of ₹13,60,00,000 (including tax). The execution period for this order is until June 28, 2036. The company has confirmed no promoter interest in the awarding entity and that the transaction is not a related party transaction. The LoI was received on June 29, 2026.