RailTel Corporation of India Limited has informed stock exchanges about the cancellation of a major work order worth ₹257.50 crores from the Bihar Education Project Council. The company disclosed this development through a regulatory filing dated January 13, 2026, citing unavoidable reasons for the order cancellation.

Order Details and Background

The cancelled work order was originally secured by RailTel Corporation in September 2025 from the State Project Director, Bihar Education Project Council. The project involved comprehensive procurement, supply and installation of smart classrooms at government secondary and senior secondary schools across Bihar state.

Regulatory Compliance and Disclosure

The company made the disclosure pursuant to Regulation 30 read with Part A (B) of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows the same regulatory framework under which RailTel had initially announced securing the order in September 2025.

The communication was signed by J.S. Marwah, Company Secretary and Compliance Officer, and addressed to both the National Stock Exchange of India Limited and BSE Limited. The filing referenced the company's earlier intimation letter dated September 8, 2025, which had announced the major order win.

Impact on Operations

The cancellation represents a significant setback for RailTel Corporation's education sector business initiatives. The order was substantial in size, representing a major contract for the company's smart classroom and digital infrastructure services portfolio.

While the company cited unavoidable reasons for the cancellation, no specific details were provided regarding the nature of these circumstances. The cancellation comes approximately four months after the original order was secured, suggesting the project faced challenges during the implementation or preparation phase.

Company Profile

RailTel Corporation of India Limited operates as a public sector undertaking under the Ministry of Railways, Government of India. The company specializes in telecommunications and IT infrastructure services, with a focus on digital solutions for various sectors including education, healthcare, and government services.

RailTel Corporation of India has informed stock exchanges about changes in its senior management structure following the re-designation of three key executives. The company filed the disclosure under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, on January 10, 2026.

Management Re-designations

The changes involve three Principal Executive Directors who will no longer form part of the senior management as defined under Regulation 16(1)(d) of SEBI Listing Regulations, 2015. The re-designations are effective from January 10, 2026.

Regulatory Compliance

The disclosure was made in accordance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Company Secretary and Compliance Officer J.S. Marwah signed the communication sent to both National Stock Exchange of India Limited and BSE Limited.

Continuity of Service

Despite the change in their senior management status, all three executives will continue their association with RailTel Corporation in their new designations as Executive Directors. Dr. Sharad Sharma will serve as ED/TM/ADI/WR/RCIL, Sh. Deepak Prakash Garg as ED/POM/NR/RCIL, and Sh. Rampool Chandel as ED/TM/Jaipur/NR/RCIL.

The re-designations represent an organizational restructuring within the company while maintaining the expertise and experience of these senior professionals in executive roles. RailTel Corporation of India Limited, a Government of India enterprise under the Ministry of Railways, continues to maintain transparency in its corporate governance practices through timely regulatory disclosures.