RailTel Secures ₹197.18 Crore SBI Order
Orders & Contracts
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
14th Oct 2026
Order Details
- Awarding Entity: State Bank Of India
- Nature of Contract: Telecom services specifically MPLS-VPN connectivity
- Geographic Scope: Domestic, across India
- Contract Duration: Five-year period from April 1, 2026 to March 31, 2031
- Contract Value: ₹1,97,17,77,622/- (One Hundred Ninety-Seven Crore Seventeen Lakh Seventy-Seven Thousand Six Hundred Twenty-Two Rupees) excluding taxes
- Effective Date: The contract takes effect from April 1, 2026
Transaction Details
- Related Party Status: No - the order does not fall within related party transactions
- Promoter Interest: No - promoters/promoter group/group companies have no interest in State Bank Of India
- Arm's Length Basis: Confirmed as arm's length transaction
Timeline
- Order Receipt Date: October 13, 2026
- Order Receipt Time: 11:00 hours
- Disclosure Date: October 14, 2026
- Disclosure Approval: Approved by ED/WR (Executive Director/Western Region)