NSE/BSE Codes: NSE: RAILTEL | BSE: 543265

Summary of Key Information:

Nature of Event / Disclosure:

Disclosure of an update on litigation, specifically an arbitration award, made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing is in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Involved Parties / Authorities:

  • Disclosing Entity: RailTel Corporation of India Ltd
  • Counterparty: M/s Rajcomp Info Services Ltd (RISL)
  • Regulatory Authorities: Securities and Exchange Board of India (SEBI), National Stock Exchange of India Limited (NSE), BSE Limited (BSE)
  • Adjudicating Authority: Arbitral Tribunal

Date / Timeline of Event:

  • Date of Announcement: August 27, 2026
  • Date of Arbitration Award: Disclosed as recent, but exact date not provided in the annexure.
  • Previous Disclosure Reference: This update is a continuation of a prior disclosure made via a letter of even number dated April 22, 2025, which informed the exchanges of the pending arbitration.

Brief Description of Outcome / Dispute:

The disclosure provides an update on a previously reported arbitration proceeding between RailTel and Rajcomp Info Services Ltd (RISL). The Arbitral Tribunal has now passed a final Arbitration Award in the matter.

Impact of Outcome:

Financial Impact:
  • RailTel had filed a claim amounting to ₹94 Crore.
  • The Arbitrator awarded ₹13 Crore (approximately) in favour of RailTel against its claim.
  • RISL had filed a counterclaim amounting to ₹313 Crore.
  • The Arbitrator awarded ₹5 Crore in favour of RISL against its counterclaim.
  • The net financial outcome is a differential amount of ₹8 Crore (₹13 Cr - ₹5 Cr) payable by RISL to RailTel.
  • This amount is payable along with interest and GST. The exact rates of interest and the total GST amount are not specified in the disclosure.
Operational / Business / Strategic Impact:

No material disclosures in this section. The document does not state any operational, business, or strategic impact resulting from this award.

Other Implications:

No material disclosures in this section. The document does not elaborate on reputational, legal, regulatory, or market perception effects.

Next Steps / Required Actions:

  • The disclosed information is to be taken on record by the stock exchanges (NSE and BSE).
  • Internally, the company has directed its subsidiary company secretary to file the document and its subsidiary Public Relations Officer (PRO) to upload it to the company website.
  • The annexure states that details of settlement terms are "Not Applicable," indicating the award is final and not a settlement.