RailTel Corporation of India Secures Rs. 1.32 bn Postal Order
RAILWAYS & METRO RAIL

RailTel Corporation of India Secures Rs. 1.32 bn Postal Order

RailTel Corporation of India has secured a domestic order valued at Rs. 1.32 bn, excluding taxes, from the Directorate of Postal Life Insurance under the Department of Posts. The company received the letter of acceptance (LoA) on 26 October 2026 at 14:36, according to a regulatory filing.

The order appoints RailTel as the system integrator for IMS for a period of five years. The execution period is scheduled to run until 1 November 2031, based on the details provided in the LoA.

The contract has been awarded by a domestic government entity and is classified as an LoA-based order. RailTel disclosed the estimated size of the order as Rs. 1.32 bn, with the value stated exclusive of applicable taxes.

The company said the promoter, promoter group and group companies do not have any interest in the entity awarding the contract. It also stated that the order does not fall within related party transactions.

The disclosure was made under Regulation 30 read with Part A (B) of Schedule III of the Securities and Exchange Board of India Listing Obligations and Disclosure Requirements Regulations, 2015. RailTel said the intimation was issued with the approval of the executive director at the corporate office, and the filing was generated electronically without requiring a signature.

RailTel Corporation of India has secured a domestic order valued at Rs. 1.32 bn, excluding taxes, from the Directorate of Postal Life Insurance under the Department of Posts. The company received the letter of acceptance (LoA) on 26 October 2026 at 14:36, according to a regulatory filing. The order appoints RailTel as the system integrator for IMS for a period of five years. The execution period is scheduled to run until 1 November 2031, based on the details provided in the LoA. The contract has been awarded by a domestic government entity and is classified as an LoA-based order. RailTel disclosed the estimated size of the order as Rs. 1.32 bn, with the value stated exclusive of applicable taxes. The company said the promoter, promoter group and group companies do not have any interest in the entity awarding the contract. It also stated that the order does not fall within related party transactions. The disclosure was made under Regulation 30 read with Part A (B) of Schedule III of the Securities and Exchange Board of India Listing Obligations and Disclosure Requirements Regulations, 2015. RailTel said the intimation was issued with the approval of the executive director at the corporate office, and the filing was generated electronically without requiring a signature.

Related Stories

Gold Stories

Next Story
Infrastructure Transport

Vaishnaw Inaugurates Two Rail Sections in Madhya Pradesh

Railway Minister Ashwini Vaishnaw on October 24 inaugurated the Satna-Devendranagar and Rewa-Churhat rail sections under the Lalitpur-Singrauli Railway Project in Madhya Pradesh. He also flagged off the new Devendranagar-Churhat passenger train service through video conferencing. Chief Minister Dr Mohan Yadav attended the event. The new Rewa-Churhat railway line, which extends approximately 65 km, was built at a cost of over Rs. 10 bn. The 53 km Satna-Devendranagar line was constructed at a cost of over Rs. 8 bn. The passenger service is expected to provide improved rail access to residents in..

Next Story
Infrastructure Transport

Railways Minister to Inaugurate New Rail Sections Covering 118 km

Railways Minister Ashwini Vaishnaw will inaugurate the Satna-Devendra Nagar and Rewa-Churhat rail sections in Madhya Pradesh on October 24. The two sections have a combined length of 118 km and are intended to improve passenger and freight connectivity across the region. Vaishnaw will also flag off a new train service between Devendra Nagar and Churhat. Madhya Pradesh Chief Minister Mohan Yadav will attend the inauguration programme, according to information released by the Ministry of Railways. The 53-km Satna-Devendra Nagar section is expected to improve rail access to Satna, Nagod, Devendra..

Next Story
Infrastructure Transport

ARSS SCPL JV Secures Rs. 2.4 bn Railway Doubling Contract

ARSS Infrastructure Projects said its joint venture, ARSS SCPL JV, has secured an engineering, procurement and construction (EPC) contract valued at Rs. 2.4 bn from East Central Railway. The project involves railway doubling works in Jharkhand and forms part of the Koderma–Arigada railway doubling initiative. The contract covers a 29.5-km railway stretch between Kathuatia and Hazaribagh Town stations in the Dhanbad Division. The work is intended to add a second railway line along the identified section and includes the construction and installation activities required for the upgraded corrid..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code