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

Innovision Wins NHAI Toll Collection Contract at Aashpur Fee Plaza

Innovision Limited has informed stock exchanges that it has been awarded a user fee collection and facility maintenance contract by the National Highways Authority of India (NHAI). The letter of award was issued on 10 August 2026 for operations at Aashpur Fee Plaza at design kilometre 231.100 on National Highway number 91 between Aligarh and Kanpur in Uttar Pradesh. The engagement covers collection of user fees for four and more lane sections and the upkeep and maintenance of adjacent toilet blocks including replenishment of consumable items. The contract was secured through a competitive e-te..

Next Story
Infrastructure Urban

Bharat Electronics Secures Rs.5,410 mn In Orders

Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking, has secured additional orders worth Rs.5,410 million (mn) since the last disclosure on 31 July 2026. The fresh awards raise the company's recently reported intake and were announced by way of a regulatory filing on 10 August 2026. The orders span multiple business verticals and are incremental to contracts already under execution. The update follows the company's routine disclosure obligations to the stock exchanges. Major orders received include communication equipment, electro optics, ammunition fuzes, Chemical B..

Next Story
Infrastructure Urban

United Drilling Tools Receives US Order For Gas Lift Mandrel

United Drilling Tools Limited said it has received an order from Tri Lift Services Inc of the United States for the supply of a gas lift mandrel to be used in the oil and gas industry. The company said the disclosure was made to listing authorities under the Securities and Exchange Board of India listing rules and the SEBI master circular of November 2024. The notice set out the nature of the contract as commercial and awarded by an international entity. The order is to be executed in the ordinary course of business and carries an estimated contract value of Rs four point eight three million (..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement