Nature of the Event
RailTel Corporation of India Ltd. has received a major work order from the Department of Posts, disclosed pursuant to Regulation 30 read with Part A (B) of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Quantitative Figures
The total value of the work order is ₹1,19,18,68,499 (One Hundred Nineteen Crore Eighteen Lakh Sixty-Eight Thousand Four Hundred Ninety-Nine Rupees), inclusive of all taxes.
Dates of Action
The work order was received on August 10, 2026, at 11:56 hours. The time period for execution of the order is until September 21, 2026.
Parties Involved
The order was awarded by the Department of Posts, a domestic government entity, to RailTel Corporation of India Ltd.
Transaction Details
The order is domestic in nature and is classified as a work order. There is no interest from promoter/promoter group/group companies in the entity that awarded the order. The transaction does not fall within related party transactions and is conducted at arm's length.
Approval
The disclosure was issued with the approval of ED/CO (Executive Director/Chief Operating Officer) and was digitally signed by Jasmeet Singh Marwah on August 10, 2026.
#Tags: #RailTel #DepartmentOfPosts #SEBIDisclosure #Regulation30 #ContractAward