RailTel Corporation of India Ltd. has received a Letter of Intent (LoI) from Munitions India Limited, as disclosed pursuant to Regulation 30 read with Part A (B) of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The disclosure follows SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, with details provided in Annexure-A.
Key Contract Details:
- Awarding Entity: Munitions India Limited
- Contract Period: Go-live period of 4 months followed by 6 years of service, extendable by 3 additional years
- Payment Terms: Quarterly invoicing
- Performance Bank Guarantee: 5% PBG required
- Nature of Contract: Domestic order for setting up Data Center & Disaster Recovery Center on IaaS platform for Q-Shakti (QA4.0) project
- Scope: To support MIL across 13 locations
- Execution Deadline: 28-FEB-2027
- Contract Value: ₹20,04,04,809/- (including taxes)
- Related Party Interest: No interest from promoter/promoter group/group companies in the awarding entity
- Related Party Transaction: Does not fall within related party transactions
- Order Receipt: Date - 23-OCT-2026, Time - 12:33
- Reporting Delay: Not applicable (Na)
The disclosure was approved by ED/SR and issued as a computer-generated advice requiring no physical signature.