RailTel Corporation of India Ltd

RailTel Corporation of India Ltd has received a Letter of Intent (LoI) from Prasar Bharti (Broadcasting Corporation Of India) Director General, Doordashan. The order is for additional features and services on the existing WAVES OTT Platform. The estimated value of the order is Rs. 63,15,14,433 (including tax) and is to be executed by February 11, 2029. This is a domestic order for services.

RailTel Corporation of India Ltd has submitted the profile of its statutory auditors, appointed by the Comptroller & Auditor General of India (C&AG). The filing details the profiles of four chartered accountant firms: M/s. Lunawat & Co. (Northern Region), M/s. S C Ajmera & Co. (Western Region), M/s. S Poddar & Co. (Eastern Region), and M/s. MSPR & Co. (Southern Region). These firms will be responsible for various audit and financial services across different regions of the company.

RailTel Corporation of India Ltd has announced the appointment of Chartered Accountant firms as Statutory Auditors for the Financial Year 2026-27. The appointments were made by the Comptroller & Auditor General of India (C&AG) as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 139 of the Companies Act, 2013. Four firms have been appointed to cover different regions: M/s. LUNAWAT & CO. for Consolidation, Corporate Office & Northern Region; M/s. S C AJMERA & CO. for Western Region; M/s. S PODDAR & CO. for Eastern Region; and M/s. MSPR & CO. for Southern Region. The profiles of these auditors will be shared separately.

RailTel Corporation of India Ltd. has announced the cancellation of a Letter of Acceptance (LoA) received from the Directorate of Higher Education, Himachal Pradesh. The LoA was for the establishment of a MIS-Central Dashboard System for Higher Education Institutions in the state, with an estimated order value of ₹20,35,24,096 (including tax). The cancellation is attributed to the financial non-viability of the project and the non-availability or non-collection of requisite funds for its implementation. This development impacts a significant potential contract for RailTel.

RailTel Corporation of India Ltd has been fined ₹9,00,340 (inclusive of GST) by both the National Stock Exchange (NSE) and BSE Limited (BSE) for non-compliance with SEBI LODR Regulations 17(1), 18(1), and 19(1)/(2) for the quarter ended June 30, 2026. The company states that the non-compliance regarding Board composition is beyond its control, as directors, including independent directors, are appointed by the President of India through the Ministry of Railways. RailTel has made requests to the Ministry for the appointment of requisite directors. The total fine amounts to ₹18,00,680. The company asserts that this has no impact on its financial or operational activities.

RailTel Corporation of India Ltd has received an update on a pending arbitration case with M/s Rajcomp Info Services Ltd (RISL). The Arbitral Tribunal has passed an award where RailTel is awarded ₹13 crore out of its claim of ₹94 crore. RISL is awarded ₹5 crore out of its counter-claim of ₹313 crore. Consequently, RISL is to pay RailTel the differential amount of ₹8 crore, plus interest and GST. This development resolves a significant portion of the dispute, with a net positive outcome for RailTel.

RailTel Corporation of India Ltd. has received a work order from Cotton Corporation of India Ltd. (CCI) for the renewal of Cloud Data Center Hosting services. This contract covers hardware and software for critical applications including Oracle EBS, e-Office, BITS, Cotbiz, and Kapas Kisan. The order is valued at ₹38,59,27,045 (excluding tax) and is set to be executed by October 14, 2032. This domestic contract reinforces RailTel's position in providing essential IT infrastructure services.

RailTel Corporation of India Ltd has announced receiving a significant work order from Western Coalfields Limited (WCL) for the establishment of an MPLS VPN network. The contract is valued at ₹1,64,78,70,000 (including tax) and will be executed on a rental basis for a period of 60 months. The order is from a domestic entity, and there are no promoter group interests involved. The execution is scheduled to be completed by September 20, 2031. This order signifies a substantial business win for RailTel in the telecommunications infrastructure sector.

RailTel Corporation of India Ltd. has received a significant work order extension from the Employees Provident Fund Organisation (EPFO). The order, valued at ₹1,66,80,29,314 (including tax), is an extension of their existing Infra-as-a-Service (IaaS) offering through RailTel. This extension is for a period of one year and involves additional components, with execution expected by February 9, 2027. The company has confirmed that the order is from a domestic entity and does not involve any related party transactions. This contract is expected to bolster RailTel's revenue and service offerings in the IaaS segment.

RailTel Corporation of India Ltd. has announced receiving a significant work order from Deendayal Port Authority for the Design, Supply, Installation, Testing & Commissioning, along with Operation and Maintenance of an Integrated Gate Automation System (IGAS) at Kandla. The contract is valued at ₹63,00,36,301 (excluding tax) and has a duration of 5 years. This order is for a domestic entity and is expected to be executed by August 16, 2031. The company has confirmed no promoter or promoter group interest in the awarding entity and that the transaction is not a related party transaction.