RailTel Corporation of India Limited has scheduled a board meeting for March 9, 2026, to deliberate on the declaration of a second interim dividend for the financial year 2025-26. The announcement was made through an official communication dated March 2, 2026, addressed to both the National Stock Exchange of India Limited and BSE Limited.

Board Meeting Agenda

The board meeting will focus on two primary objectives related to dividend distribution:

The meeting represents the company's commitment to returning value to shareholders through regular dividend distributions during the current financial year.

Trading Window Closure

In compliance with regulatory requirements, RailTel has implemented a trading window closure for its equity shares. The trading restrictions became effective from March 3, 2026, and will continue until 48 hours after the dividend declaration.

This measure ensures compliance with insider trading regulations and maintains market integrity during the dividend announcement period.

Regulatory Compliance

The board meeting notification has been issued in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about board meetings where material decisions, including dividend declarations, are expected to be considered.

The communication was signed by J.S. Marwah, Company Secretary and Compliance Officer, with membership number FCS 8075, ensuring proper authorization and regulatory adherence. The announcement demonstrates RailTel's commitment to transparent corporate governance and timely disclosure of material information to stakeholders.

RailTel Corporation of India has disclosed that it has been fined by both major stock exchanges for regulatory non-compliance related to board composition during the third quarter of fiscal year 2026. The company received penalty notices from both the National Stock Exchange of India Limited and BSE Limited on March 2, 2026.

Regulatory Penalties Imposed

Both exchanges have imposed identical fines on the company for violations of board composition requirements:

The violations specifically relate to non-compliance with board composition requirements for the quarter ended December 31, 2025.

Company's Response and Justification

RailTel has explained that the non-compliance issues are beyond the company's direct control due to its status as a government entity. As a Government Company under Section 2(45) of the Companies Act, 2013, the President of India holds the authority to appoint all directors, including independent directors, to RailTel's board.

The company has emphasized that:

• All director appointments are made by the Government of India through the Ministry of Railways
• RailTel has no role in the director appointment process
• Requests have been made to the Ministry of Railways for appointment of requisite directors
• The company has been seeking appointment of adequate independent directors

Regulatory Communication Details

The penalty notifications were received through official channels:

Financial Impact Assessment

According to the company's disclosure, the regulatory fines are expected to have no material impact on RailTel's financial, operational, or other business activities. The company has made this assessment as part of its mandatory disclosure requirements under SEBI regulations.

Compliance Framework

The disclosure has been made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to inform exchanges about material events and regulatory actions. The company has also complied with SEBI Master Circular requirements for disclosure of regulatory penalties and actions.