RailTel Corporation of India has secured a major cloud services work order worth ₹86.36 crore from the Municipal Corporation of Greater Mumbai, as disclosed in its regulatory filing under SEBI Regulation 30. The company received the Letter of Acceptance on April 20, 2026, at 12:30 PM, marking a significant business achievement for the telecommunications infrastructure company.

Contract Specifications and Scope

The work order covers comprehensive cloud services provisioning, configuration, testing, commissioning, operations, and maintenance for the Brihanmumbai Municipal Corporation (BMC). The project represents a domestic customer engagement with a total estimated contract value of ₹86,36,21,334 including all applicable taxes.

Project Timeline and Implementation

The cloud services project is structured with a completion deadline of June 5, 2029, providing RailTel with a multi-year engagement timeline spanning over three years. This extended project duration reflects the comprehensive nature of cloud infrastructure implementation for Mumbai's municipal operations, covering the complete lifecycle from initial provisioning to ongoing maintenance.

Regulatory Compliance and Disclosure

RailTel made the disclosure pursuant to Regulation 30 read with Part A (B) of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that this order does not fall within related party transactions and involves no promoter group interest in the awarding entity. The contract represents an arm's length transaction with the Municipal Corporation of Greater Mumbai.

Business Impact

This cloud services contract strengthens RailTel's position in the municipal digital infrastructure sector, particularly in India's financial capital. The ₹86.36 crore order value represents a substantial addition to RailTel's order book, demonstrating the company's expanding capabilities in comprehensive cloud services delivery for large municipal corporations. The multi-year engagement through 2029 provides revenue visibility and establishes RailTel as a key technology partner for Mumbai's digital transformation initiatives.

Railtel Corporation of India Limited has announced securing a major contract worth ₹1,00,00,00,000 from the Divisional Commissioner, Konkan Division. The Navratna PSU disclosed this development through a regulatory filing under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Contract Details and Scope

The contract involves RailTel's selection as system integrator for development and maintenance of an integrated IT solution specifically designed for monitoring minor minerals. This comprehensive project spans a 5-year period and represents a significant addition to the company's order book.

Project Specifications

The project focuses on creating an integrated IT solution that will enable effective monitoring of minor minerals within the Konkan Division's jurisdiction. As the selected system integrator, RailTel will be responsible for both the initial development phase and ongoing maintenance of the solution throughout the contract period.

Key aspects of the engagement include:

• Development of comprehensive IT infrastructure
• Integration of monitoring systems for minor minerals
• Maintenance and support services over 5 years
• Implementation of digital solutions for administrative efficiency

Timeline and Execution

RailTel received the Letter of Intent (LoI) and work order on 15-APR-26 at 17:13 hours. The execution timeline extends until 14-APR-31, providing a structured framework for project completion and maintenance phases.

Corporate Compliance

The company confirmed that this contract does not involve any related party transactions and operates on arm's length basis. No promoter or group company interests are associated with the awarding entity, ensuring transparent business dealings. The disclosure was made in compliance with SEBI Master Circular requirements and regulatory obligations.

This contract win strengthens RailTel's position in the IT solutions market and demonstrates the company's capability in delivering specialized technology solutions for government and administrative applications.