RailTel Corporation of India Ltd. has announced the receipt of a Letter of Acceptance (LoA) for a significant order valued at ₹1,31,88,38,162/- (excluding tax). The order has been awarded by the Directorate Of Postal Life Insurance, Department Of Posts, for the role of System Integrator for IMS for 5 years. This substantial contract is set to be executed by November 1, 2031.
Major Order Secured by RailTel
RailTel Corporation of India Ltd. has officially announced a major business development, having received a Letter of Acceptance (LoA) for a substantial contract. The announcement, made on October 26, 2026, confirms that the company has been selected by the Directorate Of Postal Life Insurance, Department Of Posts.
Contract Details and Value
The awarded contract designates RailTel as the System Integrator for IMS, with a duration of 5 years. The broad consideration for this order is estimated at ₹1,31,88,38,162/-, excluding taxes. The execution of this order is expected to be completed by November 1, 2031, indicating a long-term revenue stream for the company.
Disclosure and Compliance
This intimation is made pursuant to Regulation 30 read with Part A (B) of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure aligns with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026. RailTel Corporation of India Ltd. has provided the necessary details as per the annexure, ensuring transparency for its stakeholders.
Source: BSE
