+
RailTel Secures Work Order From Department Of Posts
ECONOMY & POLICY

RailTel Secures Work Order From Department Of Posts

RailTel Corporation of India Ltd. (RailTel) has received a work order from the Department of Posts to provide and manage cloud services for Postal Life Insurance, the company notified under securities listing regulations. The order was received on 10 August 2026 at 11:56 and the disclosure was made pursuant to SEBI listing obligations and a master circular dated 30 January 2026. The filing sets out the principal terms and identifies the Department of Posts as the contracting authority.

The work order is domestic in nature and is to be executed by 21 September 2026. The size of the order is stated as Rs 1,191,868,499 including tax, equivalent to Rs 1,191.87 mn, as per the work order. The company described the contract as a work order for provisioning and management of cloud services for Postal Life Insurance.

The filing states that neither the promoter nor the promoter group has any interest in the Department of Posts and that the transaction does not constitute a related party transaction. The date and time of receipt are recorded in the work order and the disclosure notes that there was no delay in reporting. The notice indicates the issuance was approved by the executive director and company officer and that the document is computer generated.

The order augments RailTel's portfolio of public sector information technology and communications assignments and will be delivered through its existing service delivery framework. The company will proceed under the terms specified in the work order and will fulfil the delivery obligations within the stipulated time frame. Financial recognition and accounting will follow the company's established policies and disclosure requirements and governance.

RailTel Corporation of India Ltd. (RailTel) has received a work order from the Department of Posts to provide and manage cloud services for Postal Life Insurance, the company notified under securities listing regulations. The order was received on 10 August 2026 at 11:56 and the disclosure was made pursuant to SEBI listing obligations and a master circular dated 30 January 2026. The filing sets out the principal terms and identifies the Department of Posts as the contracting authority. The work order is domestic in nature and is to be executed by 21 September 2026. The size of the order is stated as Rs 1,191,868,499 including tax, equivalent to Rs 1,191.87 mn, as per the work order. The company described the contract as a work order for provisioning and management of cloud services for Postal Life Insurance. The filing states that neither the promoter nor the promoter group has any interest in the Department of Posts and that the transaction does not constitute a related party transaction. The date and time of receipt are recorded in the work order and the disclosure notes that there was no delay in reporting. The notice indicates the issuance was approved by the executive director and company officer and that the document is computer generated. The order augments RailTel's portfolio of public sector information technology and communications assignments and will be delivered through its existing service delivery framework. The company will proceed under the terms specified in the work order and will fulfil the delivery obligations within the stipulated time frame. Financial recognition and accounting will follow the company's established policies and disclosure requirements and governance.

Related Stories

Gold Stories

Next Story
Infrastructure Transport

MMRDA Targets Completion of Projects by December 2028

The Mumbai Metropolitan Region Development Authority (MMRDA) is targeting the completion of all its ongoing infrastructure projects by December 2028, a year ahead of its December 2029 deadline, Metropolitan Commissioner Dr Sanjay Mukherjee has said.Speaking at the sixth edition of the Real Estate & Infrastructure Investors' Summit (REIIS) 2026 in Mumbai, Mukherjee said the authority was developing an integrated network of roads, tunnels, sea links and Metro corridors under its broader vision of “Mumbai in 59 Minutes”.The objective is to improve east-west and north-south connectivity an..

Next Story
Building Material

High-Performance Façades Gain Ground in Indian Buildings

High-performance façades are gaining greater importance in Indian architecture as developers and architects increasingly focus on energy efficiency, thermal comfort and building performance, according to Shankar Fenestrations & Glasses.The company said modern façade systems are increasingly being considered as part of a building's overall performance strategy rather than being used primarily as aesthetic elements.High-performance glass, curtain wall systems and structural glazing can contribute to thermal regulation, solar control, daylight management and indoor comfort. Their growing ad..

Next Story
Technology

SPML Infra's 104.4 kWh BESS Battery Pack Clears Global Tests

SPML Infra has announced that its proprietary 104.4 kWh Battery Energy Storage System (BESS) battery pack has completed key international safety, performance and transportation testing and certification requirements, marking a step towards its commercial deployment.Developed under the company's own intellectual property, the battery pack has completed requirements under UL9540A, IEC 62619, IEC 63056, IEC 60730, IEC 61000-6-2, IEC 61000-6-4 and UN38.3 standards.The testing covers areas including thermal runaway safety, battery performance, system functional safety, electromagnetic compatibility..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code