RailTel Bags Rs 245.3 Million East Coast Railway Order

27 Mar 2026 CW Team

RailTel Corporation of India Ltd has secured a work order from East Coast Railway valued at Rs 245.3 million (mn), inclusive of taxes, with the Letter of Acceptance issued on 19 March 2026. The award was made by a domestic railway zone and was disclosed under the applicable listing regulations. The order relates to operational support within the railway network and is structured as a service agreement.

The contract involves outsourcing manpower for signalling and telecommunications maintenance in the Khurda Road Division and is confined to workforce deployment rather than construction or system upgrades. Activities under the scope are routine maintenance tasks that support the functioning of existing infrastructure. The work is therefore service based and focused on sustaining operational availability.

The execution period is two years with expected completion on 18 March 2028, indicating a fixed term aligned with maintenance cycles in the division. RailTel disclosed the contract under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 and provided additional details in line with the SEBI master circular dated 30 January 2026. The company confirmed that the contract does not involve related party transactions and that there is no promoter group interest in the awarding entity.

The order adds to RailTel's portfolio of maintenance related contracts within the railway sector and is positioned to support ongoing operational requirements in the Khurda Road Division. The value of the work will be recognised over the contract term and will contribute to service revenues while remaining limited in scope. As of 23 March 2026 at 11:46 am the share price stood at Rs 258.60, a four point seven five per cent decrease from the previous close.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..